The cost of innovation

The paramount doctrine of the economic and technological euphoria of recent decades has been that everything depends on innovation. It was understood that as desirable, and even when necessary, that we should go on and on from one technological innovation to the next, which would cause the economy to "grow" and make everything better and… Continue reading The cost of innovation

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Learning the hard way about the easy way…

Sharing God's Story

399I believe in God, the Creator. I believe in His promise of an age to come where everything is made right. Fixed. Repaired. Like new. No more tears. No more pain. No evil. No dangerous options in the list of choices we have. (Personally, I hope to be eternally singing and playing in the band, serving with beautiful worship, but I’ll be ok with just making a loud, joyful noise – since I have experience at that.)

jack-palance-just-one-thingTherefore, my purpose is to listen and be taught by experience about spiritual things, to Share God’s Story in my life with anyone who’ll sit still long enough, to love, encourage, and be of service and support to the people in my sphere of influence, and to practice and prepare to exist in that coming age, whether it be a somewhere-else heaven, or an earth made heaven-like. This world is a classroom where…

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Who is a social entrepreneur?

One of the newest figures to emerge on the world stage in recent years is the social entrepreneur. This is usually someone who burns with desire to make a positive impact on the world, but believes that the best way of doing it is, as the saying goes, not by giving poor people fish and… Continue reading Who is a social entrepreneur?

How does demand and supply affect your employment?

Every market is driven by different factors, some play very big roles in the subsequent transactions, while others aren't as significant. In today's article, I point out how the factors of demand and supply complement each other in this, the job market. Like in any other market, the employment industry is affected by factors of… Continue reading How does demand and supply affect your employment?

Assumptions of an Ever Changing World – The Secrets of Decision Making

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pebbles

We are no stranger when it comes to decision making, by now one would think that we would have no problem at all in its participation…. Pfft, yea right! The thought of change alone, sends the shiver of uncertainty throughout our entire body. We are dealing with the unknown, and it’s only natural we feel this way.

Decisions can really take their toll, shattering our perception into thousands of pieces. Dragging us from left to right, only to leave one questioning the internal truths that were once believed. It is nothing more than an emotional rollercoaster.

One minute we are as confident as can be, the next we’re so confused we pinch ourselves in hope we will wake up from the nightmare we have indulged ourselves within.

But why do we put ourselves through such torture, such an insanity that takes us to the breaking point, each and every…

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The state of Economics today.

Econsimplified

I am always fascinated by the prospect of discovering a new definition of economics and its role in shaping the dynamics of our society. Some of you are probably still caught up in a maze of figuring out what this phenomenon called “Economics” actually is.

A number of people perceive it differently and so have varying views on this subject. Some say economics is a way of life, others say its a science that enables society to utilise scarce resources by making decisions based on individual preferences.

When asked, a colleague of mine just narrowed it down to being some complex subject having lots of incomprehensible jargon, that is apparently only meant for the “elite economist!” Well, I beg to defer. I believe that economics is meant for everybody. From the lady vending maize along the streets to the tycoon owning a number of shopping malls in town…

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The Homerun: If you’re willing, then it’s possible.

The homerun obstacle race was scheduled for late last month and I was so looking forward to it. Unfortunately, a few days prior to the race I got sick and started second guessing my participation. This run was meant to demonstrate the challenges that refugees face while fleeing their home countries, usually in small families.… Continue reading The Homerun: If you’re willing, then it’s possible.

Artificial Intelligence: Reality of a jobless future.

Econsimplified

After completing campus (University studies), the dream of every graduate is to get a job and apply the knowledge that we have amassed. We spend sleepless nights perfecting our CVs, making numerous job applications, and then dropping them off one office at a time.

Finally, when that lucky break manifests and we get a job, we celebrate and start building a career!

Meanwhile, these celebrations could be short lived with Artificial Intelligence (AI) becoming the norm in not only the developed but also the developing countries.

With the current tough financial times, every employer would wish to reduce expenses and operate at the lowest possible costs without necessarily undermining the quality of his/her product.The advance of Artificial Intelligence in the work-place is gradually making this wish come true, with prospects of not having to pay salaries and allowances.

Recent studies by Carl Benedict and Michael Osborne examined the probability of…

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Dare to live today!

Putting things off is the biggest waste of life. It snatches away each day as it comes, and denies us the present by promising the future. The greatest obstacle to living is expectancy, which hangs upon tomorrow and loses today. You are arranging what lies in fortune's control, and abandoning what lies in yours. What… Continue reading Dare to live today!

The state of Economics today.

I am always fascinated by the prospect of discovering a new definition of economics and its role in shaping the dynamics of our society. Some of you are probably still caught up in a maze of figuring out what this phenomenon called "Economics" actually is. A number of people perceive it differently and so have… Continue reading The state of Economics today.