- Written by: Kamran Mofid
- Hits: 543
Trust and truth are manifestations of our humanity and goodness
"Everyone thinks of changing the world, but no one thinks of changing himself.”- Leo Tolstoy
DAVOS, To Rebuild Trust You Must First Change Your Spots and Discover that you have Two Wings!!
‘Ill fares the land: to hastening ills a prey
Where wealth accumulates, and men decay’
These timeless words of Oliver Goldsmith, written in 1770, resonate all too easily in our era of a monetised, marketised, privatised, deregulated, self-regulated world, devoid of any moral and spiritual compass and sentiments, in which we find ourselves currently.
Photo credit: Gian Ehrenzeller/Shutterstock
Rebuilding Trust- Rebuilding Hope- Rebuilding a Better World
- Written by: Kamran Mofid
- Hits: 808
Time for a Rethink
What is Economics and What is an Economist!
N.B.This photo is via the University of Minnesota, College of Food, Agricultural and Natural Resource Sciences, describing and promoting the Study of Applied Economics to all potential students who are 'Seekers, Doers, Makers and Dreamers' - ‘The Applied Economics major is designed to give you a solid foundation in economics and how it is applied in the real world to improve people’s lives. You will develop strong critical thinking skills, data analysis proficiency, and the ability to communicate your ideas in writing…’- Applied Economics (There you have it: A Professor of Economics imparting Wisdom to the Seekers, Doers, Makers and Dreamers!!)
“The point of studying economics is so as not to be fooled by economists.”- Joan Robinson (1903–1983)
As Robinson with prophetic words and a lesson that to my mind resonates in today’s turbulent and unequal economy and society has reminded us: ‘the task of the economist is to combat the idea that the only values that count are those that can be measured in terms of money.’
Modern Economics today is a lost and confused soul
- Written by: Kamran Mofid
- Hits: 903
Time to Rethink Modern Economics
Can Modern Economics and Humanity Become Friends?
Photo: Simon Cunningham / Flickr
Modern Economics has undermined Civility, Trust, Community and Humanity
With surveys after surveys, studies after studies, noting that economists by and large are among the least trusted and valued professionals ever anywhere in the world, is this not the time for a good dose of humility, repentance, seeking forgiveness from those that the mainstream economists have left behind and caused them so much pain, namely, the 99%?
Economics, Values, Virtues and Humanity? Below see what economists think that might be!! Lord Kalms’ letter to the Times (08/03/2011) says it all:
‘Sir, Around 1991 I offered the London School of Economics a grant of £1 million to set up a Chair in Business Ethics. John Ashworth, at that time the Director of the LSE, encouraged the idea but had to write to me to say, regretfully, that the faculty had rejected the offer as it saw no correlation between ethics and economics. Quite.’- Lord Kalms, House of Lords, London
Cultivating and Reclaiming Trust, Moral Sentiments, Ethics, Simplicity, Beauty, Wisdom, Civility, and Spiritual Courage for Modern Economics and Economists
Economics in the Service of Humanity and Economists taking Action in the interest of the Common Good
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