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.

Insects have economies too: Is there a connection between climate change and global deflation?


So we’ve got two megatrends going on in spaceship Earth. One is climate change. The other is global deflation. Are the two connected? The conventional view of deflation is that it is due to short term factors that lead to lower demand, absolutely or relatively. But there’s a growing suspicion that this may be a long term phenomenon spurred by what ...

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Climate Science Useless: the Real Problem is Behavioral


It has now become painfully obvious that all the climate science in the world isn’t going to do anything useful to change the climate. That’s because the problem is behavioral rather than primarily physical. In fact it’s probably the case that the more gloomy reports the climate scientists produce, the more people become inured to them and screen a...

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How Close is the Three-Person Marriage?


Was just reading an article about plummeting fertility rates in Europe. Seems like no-one wants kids any more. Just too expensive or too much trouble. But there’s another totally different possibility that almost no-one seems to have considered. What if women in developed countries actually really want more babies but they can’t? Because their sign...

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Dust on Your Lens: Gravitational Waves and Cognitive Biases

Scientists are always looking for the next Big Thing so they all got excited several months ago about what looked like the discovery of the long-predicted gravitational waves. I got pretty excited too. I even blogged about it (“Ripples In Corporate Space-Time: Do Companies Have An Internal Clock?”). Now it looks like it was wrong. Dust on the lens ...

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