Articles By This Author

The primary purpose of any enterprise is paramount

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Adam Smith, in his Wealth of Nations, put forward a description of how task specialisation and the division of labour spectacularly increased production and productivity. Economists of all stripes have since accepted this as obvious.

A well-ordered and disciplined society

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Multi-ethnic societies pose challenges mono-ethnic societies do not have – the potential for misunderstanding, fundamental disagreement and mutual distrust.

Algorithms: what have they ever done for us?

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During the 1980s, if you wanted a bank loan or a line of credit you needed to see the bank manager who would suss out your ability to pay and decide yes or no.

Energy and prosperity

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The current kerfuffle around Iran has resulted in a sudden and sever shortage of oil in many places around the world – rich and poor alike. Like load-shedding in South Africa, this has led to the stark realisation that economies depend very closely on energy availability and stability.

Trust, division and economic growth

Opinions

I have been reading and researching interpersonal trust recently because in my years of looking at the General Social Survey of the US I noticed it relates to many important aspects of life such as economic welfare and happiness.

The soul and the world of work

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Work is an important part of life. It will account for a big slice of your time on earth. It is our means of survival and a stepping stone to our aspirations. It is an important source of social respect and status – both in terms of not being a burden or free-loader and for achieving relative status.

Wisdom and ideology

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Humanity has evolved to the point, cognitively, socially and historically, where we have the self-awareness to be able to get beyond living through instinct, in

Corruption – its causes and consequences

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The world regards corruption as a bad thing in itself and a sign of rot in general, but it evolves in society after society for

Thoughts on punishment

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Punishment is important. Humans have evolved a tendency to punish free loaders, and other norm violators, because those norms are important for survival. Animals also

The miscommunication of the sexes

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Louis Terman, creator of the Stanford-Binet IQ test, looked at sexual differences in responses to an extremely broad array of items including inkblots, interests, personality