How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 8)Barry L. Linetsky, 2019

The Solution Is In How We Solve Problems

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A technique to improving managerial performance when planning is to take into account the second and third-order consequences and implications of one’s actions across an expanding time period. The farther out one is able to project and consider, the better.
How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 7)Barry L. Linetsky, 2019

The Search For A Valid Methodology Of Human Action

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The term praxeology is used to convey the general scientific study of human behaviour as differentiated from the study of the clockwork deterministic physical scientific world of natural stuff void of consciousness.
How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 6)Barry L. Linetsky, 2019

The Unseen Unintended Consequences of Intended Actions

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Henry Hazlitt does an excellent job presenting the importance of recognizing and always taking into consideration the likely unseen and unintended consequences of intended action in the realm of economics in his classic book Economics in One Lesson.
How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 5)Barry L. Linetsky, 2019

Unicorns In Cubicle Farms

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Awareness of the Unicorn Problem helps to shine light on why it is that our aspirational good intentions to achieve outstanding results – in politics and in the workplace – so often differ widely from our capabilities and our profound disappointment in the actual results of our collective team efforts.
How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 4)Barry L. Linetsky, 2019

Why Can’t You Show Me Your Unicorn?

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The impossible task we each have in assessing the effectiveness of our thinking and action is that we cannot observe the results of actions not taken.
How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 3)Barry L. Linetsky, 2019

The Economic Way Of Thinking

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Mises held that the virtue of economics was its particular capability in providing insight into the link between human values, human action and desired outcomes. He advocated for a distinct economic way of thinking as a valid and necessary extension of logic, and therefore easily available to everybody.
How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 2)Barry L. Linetsky, 2019

Progress Is Not A Foregone Conclusion

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An irony of launching ourselves into actions to remove obstacles to our well-being is that often the decisions and actions we take actually lead us in the opposite direction.
How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 1)Barry L. Linetsky, 2019

Human Vectors and Consequential Ripples

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We live in a culture that would be better served by a more comprehensive understanding of the interrelationship between good ideas and good living.

Why Business and Ethics Are Always Connected

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In this post I discuss the inherent connection between business purpose and ethical behaviour as two components of the larger category of human action.

Today, December 5th, Is Walt Disney’s Birthday. That’s Something to Celebrate!

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Today, December 5, is Walt Disney’s birthday. Born in 1901,…

Foundational Thinking for Good Business

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High-level conceptual thinking is a critically important…