Leadership values are not only confined to the running of a political campaign, party, or country for that matter, however, like in any venture that has an objective and deals with human beings – it forms the backbone of a successful business. Consequently, what leaders such as CEO of Tesla Elon Musk, for example, say …
In economic terminology, the term “utility” has not much to do with multifunctionality nor completing specific useful tasks. It does in context, relate to the level of satisfaction or “completeness” one derives from the consumption of a product or service. For example, there is only so much pizza you can eat before feeling ill from …
One fundamental and often ignored view within economics is that humans have the propensity to display irrational behaviour in the decision-making processes. Based on this notion, one can conclude that we have a fundamental tendency to act corruptly and be generally criminally-inclined except maybe the virtuous few. How advanced our economy or society is, depends …
We spoke about globalization in an earlier post on some general terms – citing that it has taken a different shape or evolved. This article below however, delves deeper and highlights on nine reasons why this evolution will be forced to happen. It is so well written, it covers all salient points and asks all …
Nine Reasons Why Globalization Can’t Be Permanent Read More »
At times, we can all become frustrated by political agendas, misfortunes, and perceived lack of planning by various governments around the world. As a result, not quite often see the bigger picture – or the economics of how countries work. Naturally, the political fracases provide fuel for media companies who in turn bombard us with …
The implementation of globalization has not been without its major flaws. Abolishing it, however, is paramount to anti-socialist behaviour or looking inwards. This concept is against the tendencies of human nature. If you read up on any definition of globalization, you will see that the intention was always genuine. The need to integrate and collaborate for …
We exist not to exist. Now, what does that really mean? Well, in simple terms, it means we are born to die. As grim as this unwanted reality sounds, it is the basis of why people do what they do and behave the way they do. Some live to enjoy that short moment and blissfully …
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