Dreaming tiny dreams has become a favorite pastime in the past five or 10 years. The “tiny house movement” is gaining greater traction as ever more people choose to downsize for economic or ecological reasons. A small house, usually being defined as Read More …
Tag: Perils of Finance
Three Models of Microfinancing
The Disruptive Influence of Microfinancing Ten percent of the world has access to traditional banking. And traditional banks often refuse to finance low-income or unemployed entrepreneurs, no matter how viable their ideas are. Now, enabled by the spread of mobile Read More …
Shedding Retardant Forces
Thomas Jefferson said it best. We might as well require a man to wear still the coat which fitted him when a boy, as civilized society to remain ever under the regimen of their barbarous ancestors. Today we should be Read More …
Reflections on Right Sizing
“The foxes have holes, and the birds of heaven have nests, but the Son of Man has nowhere to lay his head,” and so it is today for many of his followers. Despite all the warnings about the snares laid Read More …
Is There Even One Statesman Among Them?
Last week, the U. S. House of Representatives voted, by a count of 285-144, to approve a three-month extension of the debt limit in a bill that concurrently pressures lawmakers to adopt a budget or have their pay withheld. The bill, known as the Read More …
Reciprocity Failure
The problem with trickle-down economics is that evaporation occurs at twice the rate of flow. — Robert H. Kalk
Banks of Marble – Pete Seeger
Wall Street Analysts Have Outsourced Their Brains.
There is a short-sighted methodology for calculating the Internal Rate of Return (IRR) on an investment. It causes some investors to focus on smaller and smaller wins. If something doesn’t pay off for years, the IRR is so unattractive that Read More …
Throughput Accounting
Throughput Accounting (TA) improves profit performance with better management decisions by using measurements that more closely reflect the effect of decisions on three critical monetary variables (throughput, investment (AKA inventory), and operating expense. It is thus part of the management Read More …