|
Invasion of the Amazons by: Sam Vaknin, Ph.D. The last few months have witnessed a bloodbath in tech stocks coupled with a frantic re-definition of the web and of every player in it (as far as content is concerned). This effort is three pronged: Some companies are gambling on content distribution and the possession of [...]
The Family Cycle (I) – Euphoric and Dysphoric Cycles in Marriage by: Sam Vaknin, Ph.D. Despite all the fashionable theories of marriage, the narratives and the feminists, the reasons to engage in marriage largely remain the same. True, there have been role reversals and new stereotypes have cropped up. But the biological, physiological and biochemical [...]
The Dismal Mind – Economics as a Pretension To Science by: Sam Vaknin, Ph.D. It is impossible to describe any human action if one does not refer to the meaning the actor sees in the stimulus as well as in the end his response is aiming at. Ludwig von Mises I. INTRODUCTION Storytelling has been [...]
Workaholism, Leisure and Pleasure by: Sam Vaknin, Ph.D. The official working week is being reduced to 35 hours a week. In most countries in the world, it is limited to 45 hours a week. The trend during the last century seems to be unequivocal: less work, more play. Yet, what may be true for blue [...]
Making Your Workers Your Partners by: Sam Vaknin, Ph.D. There is an inherent conflict between owners and managers of companies. The former want, for instance, to minimize costs – the latter to draw huge salaries as long as they are in power (who knows what will transpire tomorrow). For companies traded in the stock exchanges, [...]
The Value of Stocks of a Company by: Sam Vaknin, Ph.D. The debate rages all over Eastern and Central Europe, in countries in transition as well as in Western Europe. It raged in Britain during the 80s: Is privatization really the robbery in disguise of state assets by a select few, cronies of the political [...]
Liquidity or Liquidation by: Sam Vaknin, Ph.D. Large parts of the world today suffer from a severe liquidity crisis. The famed globalization of the capital markets seems to confine itself, ever more, to the richer parts, the more liquid exchanges, the more affluent geopolitical neighbourhoods. The fad of “emerging economies” has all but died out. [...]
To Grow Out Of Unemployment by: Sam Vaknin, Ph.D. There is a connection between economic growth and unemployment. There is a connection between growth and inflation. Therefore, commonsense (and financial theory) goes, there must be a connection between inflation and unemployment. A special measure of this connection is the Non Accelerating Inflation Rate of Unemployment [...]
The Blessings of the Black Economy by: Sam Vaknin, Ph.D. Some call it the “unofficial” or “informal” economy, others call it the “grey economy” but the old name fits it best: the “black economy”. In the USA “black” means “profitable, healthy” and this is what the black economy is. Macedonia should count its blessings for [...]
The Inferno of the Finance Director by: Sam Vaknin, Ph.D. Sometimes, I harbour a suspicion that Dante was a Financial Director. His famous work, “The Inferno”, is such an accurate description of the job that it cannot be otherwise. He is fervently hated by the workers. He is thoroughly despised by the other managers (“mean [...]