Homo Sapiens vs. Homo Economicus

The strong belief of Alan Greenspan to the free capitalistic market economy is based on his perception of human being as a rational thinking creature. The core idea of capitalistic market economy and free competition is incorporated in the term homo economicus. A human being has rational mind and when homo economicus makes rational choices…

Farsighted Development II

It remains to be seen how Ilkka Paananen and Co. can maintain their operational principles in the long run when interests divide. It is sure that there will be partners, who think that paying taxes is stupid when on can avoid to pay them. However the viewpoint Paananen and Co. put forth strengthens my impression…

Farsighted Development I

In the middle of October I was very surprised to read news about the acquisition between a Finnish video game development company, Supercell and a Japanese telecommunications and Internet corporation SoftBank and a video game company GungHo. The acquisition brought the Finnish counterparts 1,1 billion (11*100 million) euros. The news surprised me, because I had…

The Nature of Matter

The Nature of Matter

In the last decades I have often wondered why are mathematics and physics considered as natural sciences, although it seems that they have as little to do with nature as economics, which describes the relationships of money. Is based on human thoughts so to speak. Chemistry has obviously direct connection to nature, while it studies…

Development on Own Conditions

I watched in May the BBC documentary Inside the Saudi Kingdom, in which the Saudi Arabian crown prince Saud bin Abdul Muhsin tells how the consciousness expansion of people and individualization is changing the Islamic society. As I was watching the documentary it reminded me of my text ‘Living a Balanced Life on Own Conditions’…

New Political Culture

The Finnish (former) prime minister Jyrki Katainen spoke about the factors of social and cultural change as he opened a meeting of the ministers of the National Coalition Party (Kokoomus) on the 14th, August 2013. He saw the thing from the perspective of the Finnish society, but the changes are worldwide: all over the world…

Wonderful Future

The so called constitutional states make more and more regulations and formats in which people should conform to. Everything begins to repeat itself, pro forma. I was in this kind of situation last year as I asked myself a simple question: Who am I? One year ago as I was planning this blog my biggest…

Above the Law

The Finnish interior minister, Päivi Räsänen became the eyesore of the media last week when she said in her speech in the summer festival of the Finnish Lutheran Mission that when the worldly law and the law of God conflict we should obey God’s word. I think this is rather a no-brainer and I didn’t…