For the past three years Sedona Cyber Link has been developing the initiative ‘The New Silk Road.’ This is a program vehicle for providing technology and educational resources for communities in the developing world. The growth of demand for LOHAS products by buyers in the Western world and the growth of demand for products by BOP buyers in Asia is an important phenomenon of the modern global economy.

Author provides multiple examples of general innumeracy. Innumeracy is defined as a person’s inability to make sense of the numbers that run their lives. Innumeracy was coined by cognitive scientist Douglas R Hofstadter in one of his Metamagical Thema columns for Scientific American in the early nineteen eighties. See if you track with his examples!

This week, I participated in a panel-discussion hosted by the United Nations University. Four research fellows espoused on the importance of “Safe Water Provisioning as the Key to Global Health.” Yep, I agree. There were about 75 people in attendance, which is unfortunately reflective of the abundant indifference permeating populations that thrive in plenty. As for the efforts of the UN, volumes of studies have provided reams of information, and comparative trickles of solution to the need.

A major myth about capitalism is that is characterized by a business cycle. In fact, there is no such thing. What we commonly call a business cycle is a government induced credit cycle. We live in a state of democratic fascism, which is the actual system that is collapsing before our eyes. It has been nearly a century since we could claim our economy bore any resemblance to capitalism.

The fall of the Berlin Wall provides a useful starting point for examining the public policies and private and corporate actions that led to the fall of the U.S. sub-prime mortgage market. These two events are like book-ends to a chapter in history that will entice historians for centuries. The work of three authors who have contributed to our understanding of this time are reviewed.

Where does water come from, and where does it go? For that matter, where does money come from, and where does it go? I often ponder these questions, resulting in a host of thoughts, because water and money are expansive and varied topics. For today’s musings, I consider the education process in America, and I [...]

Day to day life in Burma (Myanmar) is hard for most of the people. This 6-minute video gives a photo-journalistic account of life along the Irrawaddy River.

As bad as it is in the rich west, conditions for the small saver are far worse where poverty predominates. There is no chance for growth without accumulation of capital generated by the savings. The policy prescriptions of statist, western economists have only made matters worse.

There is nobody in charge in a market economy. Yet most of us need to believe someone can be in charge. The absence of a strong guiding hand leaves us uneasy, sometimes queasy. That, however, is one key cost of prosperity and consistent growth.

OpEd piece on the role of lobbyists in American politics.