Guardians Of The Gulf Between Virtuous And Wicked

To err is human; but contrition felt for the crime distinguishes the virtuous from the wicked. — Vittorio Alfieri This past week it appeared that the Reserve Bank of Australia (RBA) aimed to distinguish their actions through the pandemic from those of the wicked. Dr. Lowe’s contrition did not exercise my thoughts, however, in partContinue reading “Guardians Of The Gulf Between Virtuous And Wicked”

Australian Gas Asset Ownership Through The Energy Transition

In recent decades Australian politicians have been delinquent in their leadership* and this means that the Australian public has been slow to understand the myriad issues surrounding the energy transition even if recent election results show that concern over the climate crisis is growing rapidly.  Perhaps the most critical aspect of the energy transition is thatContinue reading “Australian Gas Asset Ownership Through The Energy Transition”

Pernicious Envy

“The world is not driven by greed. It is driven by envy”. Charlie Munger, Feb 2022, aged 98, Vice Chairman Berkshire Hathaway, Chairman Daily Journal Company, Billionaire, Genius. The pandemic-time reflecting that I first foresaw in February and March 2020 and discussed here at MacroEdgo revolves a great deal around envy. Envy has become integralContinue reading “Pernicious Envy”

If Quiet Quitting Results in Reduced Production – A Big ‘IF’​ – Then It Was Production That Never Was Paid For

Since my comment on LinkedIn about David Westin’s sub-par coverage of Quiet Quitting on Bloomberg Television, I am pleased to observe that he has lifted the bar to his normal high standard. Even articles on Bloomberg’s website with titles ostensibly indicating opposition to the trend on deeper reading point at all of the reasons forContinue reading “If Quiet Quitting Results in Reduced Production – A Big ‘IF’​ – Then It Was Production That Never Was Paid For”

Compassion Culture Benefits All Stakeholders Including Shareholders

Why is a compassion culture better for all stakeholders in capitalist societies including shareholders? Besides the threat of unheralded injury claims from toxic workplaces that put businesses in jeopardy (as I explained in “The Great Reset At Work“)… it is my thesis that a great deal of work done by white collar workers is ‘justContinue reading “Compassion Culture Benefits All Stakeholders Including Shareholders”