When we scan the solar system for signs of life, we look for water. Earth life requires water. The whereabouts … Continue reading WEAVE GKG: Visualizing Earth Systems Value
The business models and technologies that dominate the later part of this century will transcend old-fashioned thinking about value management … Continue reading The Magical Future of Smart Energy
How to build active value for everyone, everywhere. In this unique historical moment, it seems worth asking: What does the … Continue reading Uplift Locally to Solve Globally
The ACCESS to GOOD Project is an open, collaborative, ongoing reporting process, aiming to identify observable levers of action for adding value, momentum, and scope to investments in climate action and resilient human development.
ACCESS is a framework for analyzing the level of progress on comprehensive climate action. The axis standard aims to measure six qualifications of public policy, investment prioritization and business action:
GOOD is a framework for analyzing the generative tendencies, inclucing community-building reinforcements and local value added of day to day economic activity, at the human scale. This analysis operates on the premise that all economic behavior has at its roots a basic and specific demand for generative optimizing capabilities operating organically through routine human behavior.
[ The Note for September 2014 ]
The Cafe Cash Register Standard
There is a cafe I like to visit whenever I am near Villanova University, where I studied and taught for many years. A few years ago, someone staged an informal experiment, putting a stamp on a dollar bill to make it easily identifiable. Staff at this cafe reported receiving the bill in payment no less than 30 times in a 60-day period. That one dollar bill became $30 in gross domestic product (GDP). In this sense, the local economy of the cafe is a phenomenally efficient engine of economic productivity.
[ The Note for May 2014 ]
When we try to judge what comes next, economically, scientifically, politically and culturally, we have some very specific and significant limitations. We can only use past experience and our perceptions about our current situation to make judgments about what has not yet happened. We can only quantify what is quantifiable, and what is not observable can hardly be quantified. When we think about future roads, we tend to look at roads we have now; when we think about future energy, we tend to look at combustible fuels as the most commonplace and naturally occurring way of harvesting energy for human uses. When we think about economic behavior, we tend to assume that all future values will be related to what we are already observing now. The intangible element of human thought, innovation, collaboration and discovery, is generally left out, leaving us looking through a very problematic blind spot.
The debt crisis is attributable to “structural” causes, meaning the way the nation’s financing is structured over the next several decades, but also to political and economic causes, meaning both the way we make policy and the way we live and experience the marketplace for trade, credit and consumer purchases. So, we need to implement policies that make serious, sustainable corrections on all three fronts.
Stabilizing debt financing requires the least expensive cost of borrowing possible, i.e. a AAA credit rating and the reputation for 100% likelihood of on-time repayment. It is unhelpful and counterproductive to indicate that the US might not meet 100% of its obligations on time 100% of the time. The long-term solution has to be oriented toward making social services solvent, and reducing the costs of debt repayment.
Generative economics is rooted in a simple insight: that economic activities can have corrosive or generative impacts on future available resources. The dynamics of an economic environment can add another layer of corrosive or generative potential to the activities in question. Analysis can be subtle, however, because generative qualities are often not the focus of conventional thinking or play out over the long term.
New trends in corporate benefits offerings show evidence of the substantial generative potential of health and fitness benefits for employees. Even as major corporations have cut jobs and reduced pension offerings, major employers have increased funding for employee access to fitness facilities. And there appears to be substantial value added, over time, from doing so.
Distortions built into the global economy threaten long-term stability LONDON, 2005 — The global economy in its present form is … Continue reading Economy of Errors: How Abundance May Bring Scarcity
“We’ve gone from a lunar world, where we measured everything in terms of days, weeks and months, to a transactional world, where every single transaction has to be part of your decision-making process.” — Colin Powell, December 14 2008
Each information transaction, sometimes as exemplary, sometimes as single element added to a sweeping aggregate of historical sway, is a precedent, which can motivate, influence or redirect the push of future happenstance. And, we must take note, every transaction involving matter or energy contains information, traces of a history of its coming into being, and generates a “footprint”, a trace of its appearance and its transition into something beyond the transactional moment.
The information age gives us a vast wealth of knowledge, or of a kind of knowledge, what we take to be knowledge, about the world, hints which are also indicators, though not predictors, indicators because they play a role in expressing current interest, embedded in human activity, and so in framing future expressions of human interest.