In The Modular-World*, there's a Time & a Place, a Purpose a Price & a Pace. U Compete U Adapt U Evolve, or U get Repriced, Repackaged or Replaced... Context Matters, Evolution is Modular, and the Band Plays On... In this World as in Business, Sports & The Game of Life, Human Nature is a double agent & often your toughest opponent ~ Welcome to The Modular-World* - The Realm of Complexity Science and Modular-Finance™ ~ Animal Spirits at Work ~ Orgel's Rules in Play ~
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Saturday, December 16, 2017
The End of History and The Last Man...
....is still a work in progress..... The World is Modular... and the band plays on....
Monday, November 27, 2017
Thursday, November 9, 2017
Wednesday, November 8, 2017
Monday, April 24, 2017
Saturday, April 22, 2017
Saturday, April 8, 2017
ENTROPY
Entropy is a concept that deals with the amount of disorder in a system. It is widely understood that the spontaneous gravitational pull to maximum entropy is not restricted to simple thermal systems. Due to its underlying probabilistic nature, the SLOT has led to the universal understanding that all spontaneous change (in any system of whatever type) ultimately leads to maximum disorder. This, of course, beggars the question that if the SLOT applies to all systems of any type, then "how can a complex economy arise and sustain itself without some external organizing force?"
Complexity Economics, Kieran D. Kelly
Complexity Economics, Kieran D. Kelly
Monday, March 27, 2017
Emergence: A unifying theme for Modular-Finance Theory ( 21st century science)
When electrons or atoms or individuals or societies interact with one another or their environment, the collective behavior of the whole is different from that of its parts. We call this resulting behavior emergent. Emergence thus refers to collective phenomena or behaviors in complex adaptive systems that are not present in their individual parts.
Saturday, February 11, 2017
Wednesday, February 8, 2017
The Power of Modularity applied to The World of Finance...
Modularity - The Design Principle of Complex Adaptive Systems...
System 1 / System 2
good habits develop good a good system one
Education and experience and Science help build a Good system Two
Remember Einsteins insight !
Ed Hess slow things down and use some system 2 once in a while....get the two in sync
Guidance principles provide the rules of the game both written and unwritten...
Education and experience and Science help build a Good system Two
Remember Einsteins insight !
Ed Hess slow things down and use some system 2 once in a while....get the two in sync
Guidance principles provide the rules of the game both written and unwritten...
Tuesday, February 7, 2017
Simplicity and Complexity...It's Complicated
There can be few better places to talk about complexity than Vienna. This was the capital of the most complicated political organisation yet seen: the Austro-Hungarian Empire.
Monday, January 30, 2017
Mother Nature- And the Architecture of Complexity
Mandelbrot - Fractals & Mother Nature - of cauliflower, tree bark and coastlines....
Own The Experience...
A lot of people in our industry haven't had very diverse experiences... so they don't have enough dots to connect... ~ Steve Jobs
The Dumbest Business Idea Ever: The Myth of Shareholder Value ~ Lynn Stout
Understanding Obliquity and the Second derivative....