“New Learning”
Barnard’s Inn HallHolbornLondon EC1N 2HH
Tel: +44 (0)20 7831 0575Fax: +44 (0)20 7831 5208Email : [email protected]
www.gresham.ac.uk
© Gresham College2009
Mercers’ School Memorial Professor of CommerceMichael Mainelli
Commercial Philosophy:Science Or Religion?
www.gresham.ac.uk
© Gresham College2009
Outline
The way you thinkThe price of fishPrimate mattersFalsifiable complex eeconomic deity of evolving choiceCompetitionLong commerce
“Get a detailed grip on the big picture.”Chao Kli Ning
www.gresham.ac.uk
© Gresham College2009
The Way You Think
[http://singlewriter.com]
www.gresham.ac.uk
© Gresham College2009
One Too Many Talks
2005Danish Fairy Tales? From Andersen And The Copenhagen Consensus Towards A Theory Of Commerce The Perverse And The Reverse: How Bad Measures Skew MarketsPerceptions Rather Than Rules: The (Mis)Behaviour Of Markets
2006Goldilocks Government And The Market: Not Too Little, Not Too Much, But Just RightReforming Auditing - Confidence Accounting Take My Profits, Please! Volatility Reduction And EthicsHow Can You Have Too Much Choice? Why Do People Play The Lottery? Make Up Your Mind!Standards Markets: The Free Market Response To RegulationEnclosures Of The Mind: Governing The Intellectual CommonsWho Hates Globalisation?
2007 (first part)Corporation Tax Or Income Tax: Which Is The Greatest Con?Too Unimportant To Fail? Innovation And Competitive Selection In Markets
www.gresham.ac.uk
© Gresham College2009
Two Too Many Talks
2007 (continued)Does Society Risk My Life Through Safety? The Perils Of Too Much Risk-AversionLiquidity: Finance In Motion Or Evaporation?What I Like About This Country Is That It Has A Nice Level Of Corruption!Stealing The Silver: How We Take From The Dispossessed, The Poor And Our Own ChildrenFads And Fashions: If They Are So Bad, Why Are They So Rapidly Rich?
2008Perfectly Unpredictable: Why Forecasting Produces Useful RubbishHow To Get Ahead In Commerce: The Sure-Fire Ways To Make MoneySave The World: A Commercial BreakIs The Party Over? Sustainable HopesIt’s A Mad, Bad, Wonderful World: A Celebration Of Commercial DiversityRegulating The Above Average: Luck Or Skill?
2009Local Or Global? Network Economics And The New EconomyBeyond Price: Trust Me, I’m Commercial Diversity Rules: Competition, Liquidity And Equitable Markets
www.gresham.ac.uk
© Gresham College2009
The Price of Fish
www.gresham.ac.uk
© Gresham College2009
The Cost Of Subsidy
www.gresham.ac.uk
© Gresham College2009
Trading Sardines Or Eating Sardines?
www.gresham.ac.uk
© Gresham College2009
Primate Matters
www.gresham.ac.uk
© Gresham College2009
Commercial Philosophy
Evolution
Choice
Complexity
Economics
www.gresham.ac.uk
© Gresham College2009
Great Debates
Evolution
Complexity
Economics
Choice
www.gresham.ac.uk
© Gresham College2009
FalsifiableComplex Economic Deity Of Evolving Choice
www.gresham.ac.uk
© Gresham College2009
Triple Bottom MindSurvival – Inquiry - Sophistication
www.gresham.ac.uk
© Gresham College2009
Commercial Map
Evolution
Choice
Robust
Commerce
Sustainable
Economics
Complexity
www.gresham.ac.uk
© Gresham College2009
Duality
www.gresham.ac.uk
© Gresham College2009
Primate-cy Of Competition
www.gresham.ac.uk
© Gresham College2009
Long Commerce
[Source: http://www.longnow.org/]
www.gresham.ac.uk
© Gresham College2009
Thanks To Infinite Subtlety
[M C Escher, Relativity, 1953]
www.gresham.ac.uk
© Gresham College2009
Chance Discussions
[Auguste Rodin, The Thinker, 1879-1889]
www.gresham.ac.uk
© Gresham College2009
Commercial Philosophy:Science Or Religion?
Thank you!
“Get a big picture grip on the details.”Chao Kli Ning
