The Inkstained Mind: Economics for Dummies

4 Jul 2011

Economics for Dummies

Loss of soverignity takes many forms - but generally the common man (and woman) end up at the receiving end. Europe's ex-democracies in Ireland, Portugal, Finland and Greece find that even politics is not the same anymore. Apparently citizens can vote for anyone, but the result of the ballots cannot alter any prior decision by the EU bosses.

All risk (e.g. national debt) are socialised - i.e. spread across the entire population. And most benefits (e.g. corporate profit) are privatised.

My view of how economics works isn't Keynesian or Hayekian. It's just common sense.

No comments:

Post a Comment

WHAT IS ADVERTISING?

It's often called the world's second oldest profession.

But while the scope of the oldest one has changed little over time, the evolution in the way we communicate has had profound impact on Advertising.

In the ancient and medieval world, Advertising meant word-of-mouth. In the 1500s with the development of printing it became a 'paid public notice', disseminating the message to many. And it had Copy & Art.

Then came radio, TV, computer, cable TV, Internet, mobile phones, Internet on mobile, and it's still not done... Even what we perceive as 'change' is changing. Continuously.

So what is Advertising today?

Honestly, I don't know.

But I do know from a dozen years evolving with the business, that Advertising is most valued when it can make a tangible difference for the advertiser.

That has not changed. And probably won't.

UPDATE: Nothing's changed. But in a way, everything has.

As you see, my focus has shifted - evolved in a way - to a larger canvas. The shift or evolution was gradual, and may be have been discernable to the more observant reader.

While I was delving into the influence of media in society to better understand how perceptions are created, evolved and disseminated, I chanced upon a thread of knowledge that I frankly never knew existed.

My conclusion is that a deep pool of awareness and consciouness exists beyond the shallow narcissistic boundaries created by the convention view of social media and the Internet.

My aim is to send my readers down any path that can lead to this quenching pool.