Peter Drucker on free markets

I am for the free market. Even though it doesn’t work too well, nothing else works at all. But I have serious reservations about capitalism as a system because it idolizes economics as the be-all and end-all of life. It…

Peter Drucker on social responsibility

A business that does not show a profit at least equal to its cost of capital is irresponsible; it wastes society’s resources. Economic profit performance is the base without which business cannot discharge any other responsibilities, cannot be a good…

Machine. Ecosystem. (5) – Duncan Green on systems thinking and development

A ‘system’ is an interconnected set of elements coherently organized in a way that achieves something. It is more than the sum of its parts: a body is more than an aggregate of individual cells; a university is not merely…

Scrapbook: Clay Shirky, Niall Ferguson – a spot of network theory

Speaking of networks, here’s a way into network theory – a few videos from Clay Shirky that make a good introduction: Ten Truths About Social Media And a couple of TED talks… Shirky on Econtalk And finally, go here interview…

Education for the future: which kids are ours? (1)

The best – the only – way to prepare our kids for any future is by showing them a vision of a flourishing life, and by equipping them with the best tools we have to achieve it, and with the wisdom to use those tools…