July 22, 2008

Change in Accounting Systems

One of my favorite books “Construction Contractor’s Survival Guide” mentions a change in accounting systems as one of the 10 reasons contractors fail. Many times I’ve seen a company move from one accounting system to another and lose control of the very information they intended to control better through the change. Needless to say, this […]

Job cost accounting
July 17, 2008

Emotional Architecture

Christopher K. Travis uses “emotional architecture” to create a house that is a “suite of emotional experiences”. This fascinating story in the NY Times Home Section on July 17, 2008, details the method of this architectural designer to develop “an exhaustive psychological and aesthetic compatability exercise for would-be home builders”. The article mentions the auction […]

Architecture building and remodeling
July 15, 2008

How Green is Green?

Our favorite buzz word – green – can be seen to be just one more example of form over function. I’ve changed out the for fluorescent, bought a hybrid car, composted vegetable peelings and recycled the household waste: and made just a tiny dent in an enormous landscape. Can I call myself green? Perhaps greener […]

Architecture building and remodeling
July 15, 2008

Lessons in Love & Economics

Ben Stein writes 9 rules on the “economics of love” in the NY Times Business section of July 13, 2008 (I paraphrase): “…the returns in love .. are roughly proportional to the amount of time and devotion invested; High quality love … yields more return than junk; Research pays off; … returns are greater when […]

Economics and politics
July 15, 2008


Peter Peterson, co-founder of the Blackstone Group, plans to spend $1BILLION to alert Americans to the very real danger of the increasing debt burden according to an article in the NY Times National section on July 14, 2008. Part of his strategy is the documentary film “I.O.U.S.A”. He “wants people to focus on what he […]

Economics and politics
July 10, 2008

Education, hard work & economic freedom

David Brooks in the NY Times Op-Ed piece on July 29th, says that the US became the leading econmic power of the 20th century because of the “ferocious belief that people have the power to transform their own lives (which) gave Americans an unparalleled commitment to education, hard work and economic freedom.” He cites the […]

Economics and politics
July 8, 2008

Asset Pricing at Heart of Credit Crunch

“Most of the market volatility is the uncertainty of how to price assets. As a result, institutions are unwilling to loan money, even for a short period of time because they don’t know how to measure the quality of the assets being used as collateral. Consequently, credit markets that normally provide liquidity to run a […]

Economics and politics
June 23, 2008

Go with the Flux

“Most of us do not accept or even believe in the continual flux of life.  However strange this may seem, once we truly accept this at a physical level, we will not need to search for certainty … As you tackle the tribulations of life insight helps you refrain from taking yourself, your challenges, and […]

June 20, 2008

Thought for the year!

Wittgenstein:  “Don’t get involved in partial problems but always take flight to where there is a free view over the whole single great problem, even if the view is still not a clear one!”   During this period of economic uncertainty, of global unrest and persistent revisionism on topics of varying import, maintaining a sense of […]

June 17, 2008

New to Blogging!

Information about the September Seattle Seminar (called for short “SSS”) represents my first foray into blogging. So bear with me while I get it right, please. And PLEASE PLEASE PLEASE add comments, questions, links to sites of interest. It helps all of us! In the meantime, for more information about Judith Miller, visit my website […]