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Thursday, December 18, 2014

How Should Superfiduciaries Map the Economy When Making Decisions About Which Project of the Future They Are Going to Help to Make Happen?

The US Government maintains a Standard Industrial Classification ("SIC") coding system that identifies thousands of activities that make up our economy.

That is too many.

Superfiduciaries need a more compact vision of the economy to guide them in riding the ebb and flow of change, and evolutionary adaptation to change.

When we view the economy through the lens of SIC codes, that data is difficult to fit into context.

But there is wisdom in the worlds of Pogo. Altering his words to fit our inquiry, "We have met the economy, and it is us."

There is here perhaps a Great Work for anthropologists, sociologists and economists: to come up with a theory of man and the economy that can support a theory of change that can guide superfiduciaries when considering which projects of the future they want to help to make happen, for good fiduciary performance, and to build a good world.

It is possible that each superfiduciary will articulate its own theory, unique to the chartered purposes of its own governing charter of trust.  Perhaps this is what Investments Beliefs should really be about.

To stimulate some thinking on this, I offer this Theory of Economic Man: the Economy is a system for the concentration of effort and exchange of artifacts that offers people choices on:

  • knowledge, information and communication
  • energy, mobility and logistics
  • architecture and urban planning
  • food, farming and nutrition
  • health, fitness and appearance
  • learning, earning, saving, spending and investment
  • air, water and the environment
  • arts and culture
  • civil safety and social equity
Your thoughts?

Wednesday, December 17, 2014

What is the future of personal transport in Urban-Suburban Africa?

In the US, the future of urban-suburban transport is electric vehicles (“EVs”).  This is leading to the construction of a whole new industry of fast-charging power stations, where EVs can recharge, much the way gasoline-fueled cars tank-up at mini-marts and other fueling stations.

Car manufacturers, “hearing the footsteps” of Tesla Motors, are designing today the new fleet of EVs that will take to the roads tomorrow, increasingly displacing carbon-emitting internal combustion engines.

It falls to energy entrepreneurs, however, to build out the fleet of fast-charging power stations that will replace gasoline pumps as EVs replace gasoline and diesel engines.

As African Nations continue to build up their own urban-suburban-rural land use patterns, creating the need and the opportunity for vehicular mobility, will they build with old school 20th Century gas-powered cars, or start out with brand new, 21st Century EVs, and fast-charging EV stations?

Perhaps more importantly, can distributed fast-charging stations become the central hubs in a new Internet of distributed power delivery solutions, moving beyond the central station power grid paradigm?

Tuesday, December 16, 2014

The economy needs money.

Finance provides it.

Through Finance, with a capital "F", we decide what work will get done, to take the world about us as we find it, and change it to be more the way we like it to be.