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Clean tech

Krugman Joins The Chorus Urging The Return Of Big Ideas In Technology and Venture Capital

Following my recent blog posts on Reid Hoffman, COP21, and an apparent resurgence of Big Ideas in technology, a growing group of venture capitalists are resurrecting their original mission in industry and the economy. Paul Krugman of the New York Times has also noticed and offers his hope that this trend continues. Max Marmer, who wrote his now legendary 2012 Harvard Business Review article, “Reversing the Decline in Big Ideas,” has stimulated a broad rethinking on what we should be focusing. The successful landing of Space X’s Falcon 9 is a hopeful early indication that Elon Musk is one of those on the right track.

Tax havens

The Rules of Sewage

This is a metaphorical essay on personal ethics, worthy of a serious read and contemplation. When I saw the title I was intrigued but suspected it had something to do with Andy Grove’s adage, “sewage flows downhill,” which means “if anything bad happens it will eventually flow down to you.” This is about ethics. The points made here are particularly apt in light of the huge number and sheer scale of recent business frauds: the Volkswagen fraud, LIBOR, Lehman Brothers, Bernie Madoff’s pyramid scheme, Conrad Black in Canada, Olympus in Japan, Bernie Ebbers and Worldcom, Tyco International, stretching back all the way to Enron, Michael Milken’s junk bonds, and the 1980’s savings & loan debacle.

Argumentation & Debate

Need To Deliver An Inspirational Speech? Start With a Big Idea

I noticed the following post on LinkedIn, and thought that it was important to share it. When I first came to UBC to teach Industry Analysis and Entrepreneurship in the Faculty of Management, I was struck by how utterly unprepared Faculty of Management students were to stand up and communicate their ideas. Most students used 3 x 5 cards and stared at the floor. One student, without realizing it, stood up and crossed his arms across his chest, projecting only his personal discomfort with the situation. Clearly this problem needed to be addressed. If there is one thing I have learned since graduating with a Speech-Communication degree, it is the importance of being able to stand up and communicate your ideas, what you believe, and most importantly, who you are. It is crucial to career success.

Quantum physics

CERN Hadron Collider Again Surprises Us

I previously posted WRT the fact that we are approaching the limits of our ability to achieve physical proof of quantum physics. Why should we care? Where do we go after the CERN Hadron Super Collider confirmed the existence of the Higgs-boson particle, proving the role of dark matter? That said, two separate teams at CERN are debating the results of further experiments that suggest the possible existence of a new sub-atomic particle. This particle, if it exists, and can be confirmed, may support the existence of additional dimensions of space and time. The MIT Technology Review has also suggested that the CERN Hadron Super Collider could potentially prove the validity of the Star Trek hyperdrive technology. We should care because it is the future of the technology that will continue to change our lives.

Financial markets

China's Problems Grow: Shanghai Billionaire Guo Guangchang Caught Up in Scandal

In the Autumn of 1999, I joined a Hong Kong friend for the amazing “K98” train trip from Hong Kong north through the heart of China to Beijing, just in time for the 50th Anniversary celebration of the People’s Republic of China. It was my version of Paul Theroux’s “Riding the Iron Rooster,” and the images of China at that time still stick in my head. Since then China has changed so dramatically that those images no longer exist. Since Deng Xiaoping declared that “getting rich is glorious,” and China’s growth has skyrocketed, China’s domestic and international problems have also multiplied.

Tax havens

Getting Rich Off The Recession: "The Big Short" Comes to Hollywood

Liar’s Poker is one of those books one of your friends strongly urges you to read. A short little book, the recommendation I got from Bill Howe, my Canadian Intel colleague in Europe, was that it was a hilarious read. And so it was. It reads like Animal House. Michael Lewis also recently wrote The Big Short, his analysis of the 2008 financial meltdown. Liar’s Poker has been described as a comedy, and The Big Short as a tragedy, which seems very apt to me if you have heard Michael discuss both books. Many may know Michael best for his recent success with Moneyball.

Global politics

What the Paris Climate Meeting Must Do

Le Bourget airport just north of Paris is the place where Charles Lindbergh landed the Spirit of St. Louis. That event 88 years ago could now be interpreted as foreshadowing the era of globalization. Tomorrow, the world’s nations will meet there under the banner of the UN Framework on Climate Change (UNFCCC). COP21, also known as the 2015 Paris Climate Conference, will, for the first time in over 20 years of UN negotiations, aim to achieve a legally binding and universal agreement on climate, with the aim of keeping global warming below 2°C.

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