We offer a new equation for managing the world’s economies by valuing Natural Capital as the primary capital that Human Capital “values” into Financial Capital. The full presentation can be found on SlideShare. The simple equations are presented below: ___________________________________________________________________________________________ … Continue reading →
When I was working on my MBA in Sustainable Enterprise back in 2007 I remember the first time that Adam Smith popped into my consciousness. It was a typical Sunday afternoon class. We’d been in classes since Friday morning at … Continue reading →
I had the pleasure to attend this for the second time last year. Overall, it was a fascinating look into the world of money, transactions and exchange. The Summit brings together the best and brightest visionaries around money, including startups entrepreneurs, developers, press, investors, authors, service providers, and solutions providers. They meet to discuss the evolving money ecosystem in a proactive, conducive to dealmaking environment.
I had the opportunity to share some thoughts on Adam Smith. You can listen to this audio recording by clicking on the audio bar below:
This winter has been no exception to Alaska’s long term warming trend. A ski resort near Juneau closed due to lack of snow and the state’s famed Iditarod race, which begins today, was moved north to Fairbanks due to lack of snow over the traditional race course.
Alaska’s winter warming was twice the national average in the last 50 years, and average annual temperatures in the state are projected to increase 3.5 to 7 degrees by 2050. This has devastating impacts for those living in Alaska.
Yet in his less well-known 1759 book “Theory of Moral Sentiments,” Smith is quite skeptical of the notion that acquiring wealth leads to happiness. In this work Smith sees the pursuit of wealth as a rather vain and futile endeavor. Those who succeed in amassing great fortunes end up with mere “baubles and trinkets” that although likely to impress other people do little to promote the true happiness of the person who acquires them. Rather, Smith argues that human satisfaction emerges from the knowledge of being “beloved” by others, which is only achieved by being truly lovable and truly virtuous.