One of my fellow students posed the following question to me after reviewing some comments I made in the chapter we are co-editting re: socialism and unbridled competition: Ken, Your argument on unbridled competition looks solid, but some may disagree that it is THE cause for disharmony and mutual survival. I not sure if you […]
Tag: bounded rationality
Transformational Leadership through Action Research
I have been convening groups of faculty and students to consider the future of our professional education in our college, and relating it to the larger issue of learning organizations and sustainability in the world. As part of this I have been considering the TRADOC white papers on Commander’s Appreciation and Campaign Design (CACD) and […]
Asking good questions vs :”knowing where you want to go” in participatory action research (PAR)
In the very beginning of a PAR (participatory action research) project, I would draw a distinction between asking good questions and “knowing where you want to go”. Going into the PAR with a preconceived notion of a certain outcome or of a preferred method of proceeding, particularly as a researcher, can lead to advocacy. It may […]
Efficient markets: Being vs Becoming
There is a world of difference, all you need really, in the difference between these 2 statements: the market IS efficient and the market becomes efficient. It’s the difference between a state of being and a state of becoming (a state of action). A market moving towards efficient price levels is a market in motion, […]
Reflection on the “art of military logistics”
Reflecting outloud on a discussion I am having with a SAMS officer who is inquiring into doctrinal considerations of educating for the “art of logistics” based on his experiences in Afghanistan. In the same way that I think defining “science” for the purposes of the thesis is important, I think defining “the art of […]
Profitable ETF Trading techniques: Systems thinking for traders
The purpose of this article is to review some of the highlights of systems thinking. My focus will be on practical applications and rules of thumb, rather than trying to develop a scholarly article which would only be of interest to … well, scholars! I will make every effort to do you no intellectual harm, […]
Profitable ETF trading strategies: adapting to chaos
When you find yourself in conditions of chaos, you discover that your robust systems are beginning to break down. They no longer perform as designed, simply because the volatility is greater than the system boundaries and feedback mechanisms can account for or moderate. Slack, buffers, filters and boundaries all work to dampen waves of change. […]
Profitable ETF Trading techniques: Understanding the importance of behavioral finance
We know that people pride themselves on their rationality and analytical skills. This is very evident in traders who invest a lot of psychological energy into their systems and personal discipline. And yet it is also very clear that psychology is extraordinarily evident in financial decisions. Time and again ,psychological pressures will over-rule rational analysis […]
Fear of failure? Failure is the state of nature; success is what’s surprising
Why do we fear failure? Why do so many things fail? What can we learn about failure that protects us from the shock of actual failure? Why do we persist as a species knowing the odds are stacked against us so badly in just about anything we do? I have been reading some commentary and […]
A reflection on Problem-solving vs Decision-making
I see an important distinction between problem-solving as a method and decision making as a process. I see problem solving as an important component of decision-making but I see this distinction: decision-making seems to be the ultimate act of convergent thinking as a prelude to action. I see problem-solving as an analytical or intuitive process […]