Ideas

21st Century Finance: Providers of Capital

(Part II of a series on the future of banking and finance)   This column follows my overview comparing 21st Century Finance vs. 20th Century  Finance. Hopefully I convinced you that banking and finance are likely never to see the same profit margins as in previous decades and that many of the business lines are […]

 

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It is Time to Talk Worst Case Scenario About Climate Change

The negative effects of fossil fuels have been speculated upon and known for a long time. The larger scale concerns, awareness, and now actions have largely occurred in the last 25 years.  Many people actually think that it was Al Gore who first alerted humanity to the issue of Climate Change.  Here is a partial […]

 

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21st Century Finance vs. 20th Century Finance

(Part I of a series on the future of banking and finance) Finance’s 20th century business lines – their go-to money makers – are all in jeopardy of being destroyed. Primarily this is due to finance’s blatant disregard for its customers’ actual needs. This is the result of the industry’s traditional 40%+ profit margins that […]

 

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Healthcare for the American Democracy

“Government of the people, by the people, for the people, shall not perish from the Earth”  -Abraham Lincoln, The Gettysburg Address   “We hold these truths to be self-evident, that all Men are created equal, that they are endowed by their creator with certain unalienable Rights, that among these are Life, Liberty and the Pursuit […]

 

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Capitalism: It’s as Much About Cooperation as Competition

We have myopically come to believe that “survival of the fittest” is synonymous with competition and is the highest expression of our nature. Yet survival of the fittest also includes those creatures, including humans, who successfully and continuously cooperate to survive. Case in point: Lions adorn the flags of many nations as symbols of individual […]

 

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The Robots are Coming! Will the American Economy Produce Enough Jobs?

Look at the picture. What do you see? A manufacturing process, with no workers in sight. We humans have been replaced by robotic arms and artificial intelligence.

 

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The Next 20 Years: 2017-2037

There will be more change in the next 20 years than any 20-50 year period in history. In fact, future historians may well look back on this time as a historical transit as significant as the beginning of the Industrial Revolution or the Renaissance.   It is hard to imagine any area of life that […]

 

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An Idea that Might Just Improve Democracy

I normally don’t blog about politics except as it affects investing. I consider myself a lukewarm follower of the political scene – having given up on politics as the real source of power in the United States. One person = one vote, but one dollar = one vote; so businesses are the real source of […]

 

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It’s Time for a Single-Payer Healthcare System

  We have had “Obamacare” and now the Republicans have fallen short in replacing it with “Ryancare” (a.k.a. “Trumpcare”). Both plans have their unforgiving and deep critics and enemies.   I think that it is time to adopt the healthcare system that Canada and most other nations have: a single-payer healthcare system.     A […]

 

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Climate Change is Physics Not Politics

The title of this column comes from a column my good friend, co-author of “This Spaceship Earth” and co-founder of ThisSpaceshipEarth.Org Tim Rumage. His column was “Physics is Not Political”. Well worth the quick read.   That column came to mind two weeks ago when a very special event occurred. The Wise Elders of the […]

 

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