To be innovative is to make decisions, develop processes, and create things in new ways that improve over the status quo. Being innovative is necessarily different, and requires stepping away from the proven path to do something new or unusual. Risk and innovation are tied together because you cannot venture into something new or stray … Continue reading Risk and Innovation
Loss aversion is a dominant force in many of our individual lives and in many of our societies. At this moment, I think it is one of the greatest barriers to change and growth that our entire world needs to overcome in order to move forward to address climate change, to create more equitable and … Continue reading The Dominance of Loss Aversion
My last post was about violence related to drugs. When we make drugs illegal, we open the door for a black market. The best way to control a black market is through force and violence. A direct result of drug prohibition is violence related to black markets. We saw this in the United States with … Continue reading Violence as a Reason to End the Drug War
How can we really make change to the United States healthcare system? Dave Chase, in his book The Opioid Crisis Wake-Up Call argues that changes to the system need to come from private businesses, because private businesses are responsible for the health insurance coverage for over 50% of American's. If business don't take action and … Continue reading Status Quo in Healthcare
I am not great at recognizing when the status quo is working well for me, but might not be working well for others. Sometimes, I am really not at all good at even recognizing what the status quo is or being aware of the status quo. What I can usually recognize, however, is when someone … Continue reading Recognizing the Status Quo
In the book Come Back Frayed, author Colin Wright is honest about his goals and explains a feeling that I think is not well addressed by most people. Focusing on the times when the direction of our life seems to be able to shift, Wright comments on the difficulties and challenges of pivoting. He encourages … Continue reading Do We Actually Want Our Goals?
In his recent interview with Ezra Klein on the Ezra Klein Show, Tyler Cowen continually referred back to what he called “the status quo bias” which he defined as the preference to continue and default to do what we are already doing and comfortable with. Making changes in our routines, starting new businesses, introducing public … Continue reading Horizons You Didn’t Know Existed
Come Back Frayed is Colin Wright’s book about his time in the Philippines and his evaluations of the way that people exist within and between cultures. He focuses on his personal reactions to changing environments and life in an area of the world that sounds amazing, but can actually be quite inhospitable for long stretches … Continue reading Unpredictability