Purpose of Business

A New Decade: What Can Marty McFly Teach Us About Change and Global Poverty?

January 14th, 2011

My wife and I recently channel-surfed upon Back to the Future Part II, televised on AMC. This second installment of the blockbuster series, released in 1989, found Marty McFly and Doc Brown time traveling to 2015. With a fashion sense resembling a melted, multi-color box of highlighters and nifty hoverboard technology that would make our […]

Pogo Possum Answers Questions about the Crash

September 4th, 2010

After the dust begins to settle following some economic calamity we all look for reasons. Many of us look to the abstruse and technical aspects only to discover that people forgot (or ignored) the basics. This time many of us are censuring derivatives when we should be examining the human dilemma. Derivatives are insurance contracts. […]

A New Measure for Social Responsible Investing

August 16th, 2010

In our last blog we indicated that we may need to revisit the criteria that are often utilized for social responsible investing. As an alternative, we suggest a baseline decision criterion for investment and purchasing decisions that must first meet the threshold of human flourishing. Of the myriad of choices before us, are the investments […]

Limitations to Social Responsible Funds

August 4th, 2010

Investing in “socially responsible” funds, as Jeff Keenan noted in his earlier blog, is an option. But a challenge seems to be the criteria for establishing such funds. Some simply focus on avoiding certain types of products like alcohol, tobacco, weapons, and gambling. Others are narrowly focused on rating companies for labor practices. Each may […]

Business and Global Poverty: Aid-Centric to Trade-Centric

May 24th, 2010

Is the fight against global poverty making a much-needed paradigm shift from being aid-centric to trade-centric (i.e., business-centric)? None other than the “front man”  for global poverty – Bono, of U2 fame – seems to now be saying as much, as witnessed by his recent Op-Ed in the New York Times. After completing his recent […]