Monday, February 5, 2018
Modular-Finance - Radical Transparency and Asymmetrical Information...
The Question is what is behind / Left out / hidden / Modules... Not everyone is working with the same information.... ( Fake News and Mis - information ) Also Exist... And Lo fifth order Thinking
Saturday, February 3, 2018
Friday, February 2, 2018
Design Thinking and The Adaptive Market Hypothesis...
Design Thinking is Innovation at the Speed of Thought...
MFiM...
We know that human behavior, both the rational and the seemingly irrational, is produced by multiple interacting components in the human brain, and now we have a deeper understanding of how those components work.
John Maynard Keynes... When the facts change... I change my Thinking.. What do you do Sir?
Our ability to learn from experience and to adapt one's behavior in light of new circumstances is one of the most powerful traits of Homo sapiens and the main mechanism that can transform us over time and through experience into Homo economicus, at least while the environment is stable.
Understanding Emergence and Reflexivity....
It takes two to TANGO.... and the right Combination is Key....
Understanding the Decision Maker at a Deeper Level...(87)
"Over the last decade, in response to the empirical shortcomings of neoclassical economics and the theoriyical boundaries of prospect theory ( and related approaches ), an intellectual revolution emerged in our understanding of the biological bases of human and animal decision making. It is hard to underestimate the scale of this revolution. In 1992, for example, at the annual; meeting of .....
Modular-Finance... A MultiVerse Construct...
"There isn't a single story. The way we understand economics and economies is by learning from lots of sources and thinking about them in a lot of different ways."
"You can't understand how the financial crisis came about without understanding the politics of the relationship between the financial sector and government and the anthropology of the culture of these organizations, or indeed without appreciating yhe history of bubbles and financial crisis."
Hat tip ~ John Kay, British Economist, Economics in the Real World
"You can't understand how the financial crisis came about without understanding the politics of the relationship between the financial sector and government and the anthropology of the culture of these organizations, or indeed without appreciating yhe history of bubbles and financial crisis."
Hat tip ~ John Kay, British Economist, Economics in the Real World
Homo Sapiens vs Homo economicus
"It took millions of years for man's instincts to develop I will take millions more for them to even vary. It is fashionable to even vary. It is fashionable to talk about changing man. A communicator must be concerned with unchanging man.
Evolution at the Speed of Thought...
The evolution of ideas, accomplished at the speed of thought, is at the heart of what separates us from other species and allows us to dominate our world.
Modular-Finance... Connecting the Dots... and Combinatory Play...
As Maria Popova puts it... "Inorder for us to truly create and contribute to the world, we have to be able to connect countless dots, to cross pollinate ideas from a wealth of disiplines, to combine and recombine these pieces and build new castles." This understanding of creativity as connection and recombination makes the blank piece of paper not only unhelpful but actually counterproductive. So, ditch it.
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