Is it Progress if a Cannibal Uses Knife and Fork?

The North American XB-70 Valkyrie was a (beautiful!) tri-sonic bomber developed in the early sixties. It was, even by today’s standards, an exceptionally sophisticated and advanced machine. What strikes is the short time it took to develop and build – we intentionally omit the information here since, by today’s standards it would make many people…

Is a Global Post-Critical Society Possible?

  Every dynamical system possesses a characteristic value of complexity which reflects how information is organized and how it flows within its structure. Like most things in life, complexity is limited. In fact, there is an upper bound on complexity that a given system may attain and sustain with a given structure. This ‘physiological’ limit…

Will Global Trade Recover Anytime Soon?

In a 2015 United Nations Trade and Development Conference  report  “Trade Slowdown” one reads: ‘As of 2014 the trends in international trade were largely driven by the sluggish economic growth and the persisting economic and political turmoil in various part of the world. From 2011 to 2014 world trade grew at a rate of less…

DB Closing Branches. We Said It.

It is known that Deutsche Bank is in trouble and, according to some, it poses a huge threat to the stability of the global financial system. Read here. On October 29-th, 2015, “The Bank announced a series of measures to reduce complexity and costs” and that the strategic goal was to “Make Deutsche Bank simpler and more efficient”.…

The Principle of Ignorance

  The Principle of Ignorance is a ‘corollary’ of the Principle of Fragility, which states:   Complexity  X  Uncertainty  =  Fragility   This principle states that highly complex actions (or business models) lead to situations of fragility in uncertain environments (e.g. markets). For example, a highly articulated portfolio may result to be fragile in a…