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This is the official Perth blog site for posts, comments, and other contributions about leadership, behavioral finance and economics, and about management generally, as well as other related topics that take our fancy.

Should nuclear proliferation be encouraged?


I guess you might have seen that the UN has just opened up for signature a treaty that would ban all nuclear weapons ? The big (nuclear) guys have already announced they won’t sign it. What a great start! Dream on. So nuclear proliferation is bad right? We should ban all nuclear weapons? Nonproliferation has been the core principle in international...
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Could China be North Korea’s True Nuclear Target?


It looks like North Korea really has it in for the US. But what if the Dear Leader’s real target is China? Now that sounds crazy right? China is North Korea’s closest ally. Moreover it is North Korea’s main trade partner. As the media constantly remind us, China will never move against North Korea because it needs the Hermit Kingdom to keep the Kor...
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Is love a physical force-field?


Did you hear about the recent wedding of two people in their nineties ( She’s 98. He’s 94. They Met at the Gym ). Tells us that you can have love even when it might be thought you were past it. Put it in the sweet news column. It used to be thought that love was a spiritual phenomenon (as distinct from being a spiritual feeling). Then we discovered...
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A Radical Fix for the North Korea Problem


I don’t have to tell you how serious the North Korea issue is. It’s clearly getting even worse. We are close to the level of severity of the Cuban missile crisis, even beyond. Is there anything to be done about it? So far all strategies have failed. Talks, sanctions, negotiations, threats, hacking. The only thing left is war. But if that happens we...
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Are dynasties the future of democracy?


So I know I don’t have to remind you that we have a family running the US of A. Let’s say that it continues, with or without a gap between other family members also getting into the saddle. That’s what a dynasty is, in both cases. And this is hardly new. In modern times we’ve had the Kennedys, the Bushes and the Clintons. The Roosevelts before that...
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Self-driving democracy?


We’ve seen some strange things lately in the political arena, what with Brexit, Trump, and the upcoming political upstarts in Europe and so on. So strange in fact that African leaders are now warning global leaders not to copy the West’s political systems, as did Rwanda’s Paul Kagame recently . So strange that Russia’s Putin is now seen as a rock s...
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Does noise cause global dysfunction in human mood?


Music streaming is hot. Everyone’s doing it. So why is it so popular? Well, the music is popular and varied, often relaxing. You can live in your own world. What’s not to like? Outside there’s a lot of hurly-burly and especially a lot of noise. Is music streaming a way to get away from the noise? We are all bathed in a constant tumult of noise, unc...
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Can the cognitive biases of the intelligence agencies be exploited by our enemies?


National intelligence has been a hot topic lately. That’s a bit weird given that I have been posting on artificial intelligence . Does national intelligence come even close to AI? Can we trust its analyses? OK so I have a tiny bit of first-hand experience in this. In my callow youth I was actually a junior diplomat for a small power allied to the U...
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There’s a better alternative to the UN!


Nikki Haley has just been appointed the new US Ambassador-Elect (??) to the UN. Another day, another dollar. Elections have consequences & etc. But she’s an impressive person. So how come she is allowing herself to be appointed to be the US representative to a body which, by wide agreement just doesn’t work? One that just has not been capable o...
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Are universities obsolete?


So I’m sure you’ve heard about the MOOCs – massively open online courses? There’s a bunch of them now like Udacity and Coursera. Many universities are adding new online course offerings powered by them. So the MOOCs are already doing a little to disrupt the university scene. But so far they haven’t had a fundamental impact, notwithstanding recent m...
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Sleeping with the enemy – should central banks adopt bitcoin?


Hands up anyone who hasn’t heard of Bitcoin. No takers of course. So far it has been a qualified failure. Its most faithful users are the wrong kind of people who use if for money laundering and criminal activities. Yet bitcoin has many good uses and there are even legitimate companies that are starting to use it. But there is a use for bitcoin whi...
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Blockchain – A Revolutionary New Way to Stop Corruption in its Tracks, Everywhere!


You’ve probably heard of bitcoins, which are now, once again a hot topic. A US company (Coinbase) has just started up the first bitcoin credit card in the US, so I guess if it has a piece of plastic behind it, it must be good. But bitcoin is getting to be old hat these days. The really hot ticket is the blockchain which is the technology model unde...
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