Brexit Opportunities A major opportunity for Irish exporters created by Brexit is substitution of UK exports to EU markets. Digging into Eurostat trade data is a good place to start, writes Doug Casey. Management guru Peter Drucker used to say that there are no risks, only opportunities. Scratch the former and you will find the … Continue reading Article on Brexit as an opportunity for business deals published by Business Plus, Irish largest circulating magazine.
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Heraclitus (the ancient scientist), Buddha, Marcus Aurelius (the roman emperor and philosopher), they all agreed that the only thing constant in this world is change. So, if we keep on doing what succeeded in the past we will fail in the future (Peter Drucker). And to change is to improve, to change continuously is perfection … Continue reading NOTHING CHANGES: PETER DRUCKER’S QUESTIONS TO CREATE COMPETITIVE ORGANIZATIONS ARE ETERNAL
Peter Drucker used to say that there are no risks, only opportunities. Scratch the former, you will find the latter. Example?: Brexit. While everybody speaks about Brexit as a risk, the consequences of Brexit, the implications of Brexit, etc., ad nauseum, Brexit is indeed a great opportunity. More correctly, Brexit creates two types of opportunities: … Continue reading BREXIT AS AN OPPORTUNITY: THREE PRODUCTS ONLY = 14 BILLION EUROS; PETER DRUCKER
Derren Brown, whom some might know from his Netflix series or live shows, is also an author of excellent books on the human mind and its limitations: what economics first Nobel laureate Herbert Simon called bounded rationality and makes us “suckers, idiots”, to evaluate things and make decisions. Example: 1) there is a fatal disease … Continue reading TRICKS OF THE MIND: HOW A 99% ACCURATE TEST CAN BE (+ THAN) 99% WRONG
The Polish success (since it joined the EU fifteen years ago), can be summarized in the four numbers of its convergence towards the GDP per capita average of: 1) – The other nine countries which joined the EU in 2004: + 14%; 2) – The EU-28: + 22%; 3) – The EU-15: + 23%; and … Continue reading Poland: the great economic success in Europe
The published book by Bob Woodward (one of Watergate’s journalists), regardless of his general interest, has some high moments. First: On 7/10/2016 the Washington Post released a recording in which Trump made derogatory comments about women about their sexual advances. The next day Trump’s “inner circle” met. Priebus announced that all donors were leaving the … Continue reading Article by Professor Jorge Sá: FEAR (TRUMP IN THE WHITE HOUSE)
A little philosophy, said Bacon, inclines man to atheism; but depth in philosophy leads him to God. The same is true in economics. A little economics leads you to paradoxical conclusions and measures where the amendment is worse than the sonnet. Too much economics drives a man to common sense. And what is common sense? … Continue reading Article by Professor Jorge Sá: The two forgetfulness of Economics
This book begins with the story of four people speaking at the corner of a street: an American, a Russian, a Chinese, and an Israeli. A journalist approaches and asks: “Sorry … what is your opinion about the lack of meat?”. The American says: what is “missing”? Russian: what is “meat”? the Chinese: what is … Continue reading Article by Professor Jorge Sá: The start-up nation
America is the 13th richest country in the world. But a society with serious problems. The first is violence. In a country where in many states it is relatively easy to acquire weapons of war (not just self-defense), crime statistics are much higher than in other OECD countries. Being (per thousand inhabitants) in homicides, house … Continue reading Article by Professor Jorge Sá: Decline of the USA?
Poland’s National Day was celebrated on May 3rd, commemorating the promulgation in 1791 of the first European constitution establishing a monarchy of democratic roots. Shortly thereafter Poland began its ordeal of successive sharing between the powerful Russian neighbors (later Soviet Union), Prussia (followed by Germany) and the Austro-Hungarian empire (until World War I). Polish resilience … Continue reading Article by Professor Jorge Sá on Poland