How to Improve Business Success During War

Global instability is growing, not declining. The world is less capable, not more capable, of handling such instability. What can companies, large and small, do to improve their success and that of all their stakeholders, despite war and instability?

By Mark D, Harris

Business has been international since before the Hebrew King Solomon imported peacocks from India (1 Kings 10:22). The Chinese traded all over East and Central Asia, Arabs bought and sold from western India to southern Africa, and the Vikings plied their wares from the British Isles to the Black Sea. The development of the blue water navy in the 1500s, including reliable time pieces and deep draft sailing vessels, opened the Far East and the New World to European traders. With technological advances in communication, transportation, finance, and production, business has become global at a volume and speed unimaginable to our ancestors (Hout et al., 1982).

All eight billion people on earth are consumers, but they are also producers. Trade used to be primarily local, and the farmers and craftsmen in a village and region provided almost all the goods and services needed. Family, friends, and other neighbors conducted business with each other, and little or nothing that a person possessed came from more than fifty miles away. Pricing could be flexible, with buyers and sellers negotiating on timing and price. During the recent financial crises, businesses and banks that primarily serviced Amish customers were more stable and even profitable than those seeking the highest rates of return. Contrary to the opinion of Gordon Gekko in the movie Wall Street, greed is not good.

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70 Ways to Beat Inflation and Save the Environment

How to reduce spending, save resources, thrive financially, and protect the environment in this time of poor governance and economic uncertainty.

By Mark D, Harris

Inflation is higher than it has been in America since 1974. It is not merely a policy problem, but a major financial threat for every family in America, and most families throughout the world. Regardless of what one thinks about policy, we all need practical ways that we can fight inflation.

Simultaneously, we all want a cleaner, more sustainable environment. Many things that you and I do protect our pocketbooks also protect our environment. People who want to protect the natural world ought to be doing most, or all, of what they see below. We can all walk our talk better. Here’s how:

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How to Decide How to Invest

Investment decisions are far more about the goals, life situation, and risk tolerance of each individual and family than about putting your bet on the right horse. 

By Mark D, Harris

The American economy is struggling. Inflation is worse than at any time in the past forty years and the stock market has lost a quarter of its value since January of 2022. Retirees, many on fixed incomes, have lost $3 trillion in the same time.[1] Many are struggling just to get by. Necessities like food, fuel, clothing, shelter, and often health care, slip out of the fingers of millions of our countrymen.

Simultaneously, inflation is 9.1%, and the average interest on money in savings accounts is less than 1%. This means that in terms of purchasing power, savers are losing over 8% on their money.  For example, one hundred dollars in a savings account now could rise to $101 one year hence, but would only be able to buy $93 worth of goods and services.

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