Stephen Davis, Jon Lukomnik and David Pitt-Watson have a book that focuses on problems in finance. This includes the critical question, why does your pension fund charge such high fees? The authors have advice how we could recreate finance for the long-term. We need a financial system that has at its center a purpose that…
Branding For A Purpose
David Aaker’s The Future Of Purpose-Driven Branding is written by a true legend in the field of branding. What is more, his message is a good one. Branding for a purpose is on the up. It has a great future. The Two Jobs Of Purpose-Driven Branding Purpose-driven branding has a great future because branding expertise…
Not Aiding An Opposing Group
The fact that we form groups, alliances even, is fundamental human behavior. Working together allows us to achieve things that we couldn’t do independently. Sadly, almost inevitably, being in a group brings conflict with other groups. Much work is done on how we react to group-based conflict. What do we know about whether we are…
Signaling And Selection
As I have discussed before there seems a lot to learn about social interactions, and that includes markets, from biology. Scientists in that area have long thought about problems that concern markets. For example, how can selection work to change a population? Or how can you interpret messages when those sending the messages have an…
Messaging About Sustainability
Jason Hickel wants a fundamentally changed world which he discusses in Less is More. Other posts have noted technical and historical challenges in his work. For this post let us consider how Hickel thinks his ideas can be implemented. What is his messaging about sustainability? For the sake of argument let’s assume that you think…
Sustainability And Grand Historical Sweeps
One way of arguing for the value of sustainability is to suggest that we (humans, westerners, whatever) have declined from a past that was more in touch with nature. Jason Hickel does this by combining ideas about sustainability and grand historical sweeps. History Is Very Much In The Past This isn’t the approach I would…
Modern Business And Sustainability
I was disappointed by Jason Hickel’s Less Is More. I had a number of concerns that fit under three headings, lack of economic/business understanding, lack of historical understanding, and divorce from political reality. Today I’ll discuss the technical business elements of my complaint about Hickel’s book. Let us discuss modern business and sustainability Modern Business…
Using Data In Decisions
It is important to have good intuition when using data in decisions, and this intuition can be improved. This is a central message of a book that recently emerged from teaching these topics at Columbia University. The message makes a lot of sense and is likely, if anything, to make even more sense as time…
The Brussels Effect
The Brussels Effect is a phenomenon whereby regulations created by the EU (European Union) become global standards. A key point is that this is something that the EU can do on its own. It isn’t about expanding regulation through multilateral treaties whereby Brussels attempts to get other states to adopt the EU rules. Instead, the…
Communicating Numbers
Chip Heath and Karla Starr have a book on communicating numbers. It makes a lot of sensible points. Some might seem obvious but it is easy to get these sort of things wrong. I certainly have in the past, so the advice is worth paying attention to. They even put a mention into their book…