"Making the Story up as we Go: Thoughts and Reflections on Narrative" now available on Amazon amzn.to/3fVUcs8

Marginal utility argues that price is the best way to decide the best use of a thing and we all know how that's working out. Efficiency theory is only the most efficient way to destroy the planet. ondirectorship.com/ondirectorship…

The death of shareholder primacy would be greatly accelerated if there existed a science of value in use that is the equivalent of economics or the science of value in exchange. Who is working on this.  ondirectorship.com/ondirectorship…

ondirectorship.com/ondirectorship… Part 13 in the Millennia Challenge Series - If a board can't count to 1 don't count on the company surviving.

How to measure the best use of something. Economists tell us it's about profits and preferences. Nature violently disagrees. ondirectorship.com/ondirectorship…

The problem with economics is that economists confuse their ambition to solve every problem faced by humanity with perfect markets with their ability to grasp even the most elemental laws of physics that govern not only human existence but all existence. ondirectorship.com/ondirectorship…

Is the buyback-retrenchnent paradox the new water-diamond paradox ? ondirectorship.com/ondirectorship…

In this episode Peter Tunjic explores the relationship of #corporations seen as dissipative social systems with the second law of #thermodynamics in terms of vital #capitals, #energy and #value in use, #entropy and (dis)equilibrium.

if value in use were the organizing principle of capitalism and all actors had objective information about the capacity of their available capitals to effect change, capitalism could be described as a system for coordinating entropy. ondirectorship.com/ondirectorship…

How the principle of one person's entropy being another person's energy might help rehabilitate economics. ondirectorship.com/ondirectorship…

Whatever word we use "negative entropy", "negentropy" of "syntropy", this concept is of the utmost importance and helps guide us forward, supported by this groundbreaking research by Peter Tunjic . Chapeau, Peter for this Part 17 !

Can economics be rehabilitated? ondirectorship.com/ondirectorship…

If economics, as we know it, has not and can not solve the problem of the best use of a thing, the search is still on. ondirectorship.com/ondirectorship…

.Peter Tunjic just published part 18 of his independent research, which is so close to my heart. More on prime movers and value in use linkedin.com/feed/update/ur…

What do you call the opposite of value? ondirectorship.com/ondirectorship…

"Adam Smith’s use vs exchange dichotomy is the single greatest misdirection in the history of the social sciences.  Setting countless scholars astray and putting the planet in harm’s way." ondirectorship.com/ondirectorship…

Economists have made it “their mission to maximize the welfare of ordinary people”. Insisting that politicians use their models when deciding responses to the climate crisis. But I wish economists had chosen another hill for us all to die on. ondirectorship.com/ondirectorship…

...the wicked take power by promising it to those who think they have none. ondirectorship.com/ondirectorship…

“The business of business is to do the business" ondirectorship.com/ondirectorship…

The only thing harder than thinking about value is getting someone else to think about value. ondirectorship.com/ondirectorship…