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A Faith Based Economic Worldview

Part One - The Ideal Economy

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Part Two – What Goes Wrong

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Part Three - Why It Goes Wrong

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Part Four - Principled Reasoning

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Part Five - Investment Decision Making

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Part Six - Global Economy and Investment Markets

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Study Identifies Brain Circuits Involved in Learning and Decision Making

A new study has identified neural circuits in mice which are involved in the learning and altering of behaviors. The findings could have implications for alcoholism and other addictive behaviors.

Study Identifies Brain Circuits Involved in Learning and Decision Making

 

Decisions that define us – Jim Peal

Decisions that define us – Jim Peal

The hero’s journey of today’s leader is not defined by external heroic acts but rather by a qualitative shift the decisions that person makes and the ensuing behaviors that happen along the journey. Jim explores in his TEDxKoeln Talk the transformational dynamics that occur for the leader of today through the lens of four distinct leadership qualities; the visionary (spirit) — who’s focus is the ultimate goal or destination, the activator (gut) — who creates the path to get there and initiates action, the coach (heart) — who focuses on the human element and supports performance, and the mentor (mind)– who takes on the development of the character of the leader.

Jim Peal, Ph.D. introduces a model of leadership that integrates the four dimensions of leadership qualities and their related shadows that resembles the Periodic Table of Elements. His current full time work is developing leaders and their teams as the founding director of the Leadership Development Group.
While his fascination with the intersection of mind, body and experience fueled his education including a degree from the Baylor Medical School as well as a psychology Ph.D. degree in NeuroSomatics Jim’s tenure has includes serving in faculty positions at two graduate schools of psychology including the Pacifica Graduate Institute, permanent home of Joseph Campbell’s personal library and archives.

 

Dan Ariely: What makes us feel good about our work?

Dan Ariely: What makes us feel good about our work?

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What motivates us to work? Contrary to conventional wisdom, it isn’t just money. But it’s not exactly joy either. It seems that most of us thrive by making constant progress and feeling a sense of purpose. Behavioral economist Dan Ariely presents two eye-opening experiments that reveal our unexpected and nuanced attitudes toward meaning in our work. 

It’s become increasingly obvious that the dismal science of economics is not as firmly grounded in actual behavior as was once supposed. In “Predictably Irrational,” Dan Ariely tells us why.

WHY YOU SHOULD LISTEN TO HIM?

Despite our best efforts, bad or inexplicable decisions are as inevitable as death and taxesand the grocery store running out of your favorite flavor of ice cream. They’re also just as predictable. Why, for instance, are we convinced that “sizing up” at our favorite burger joint is a good idea, even when we’re not that hungry? Why are our phone lists cluttered with numbers we never call? Dan Ariely, behavioral economist, has based his career on figuring out the answers to these questions, and in his bestselling book Predictably Irrational (re-released in expanded form in May 2009), he describes many unorthodox and often downright odd experiments used in the quest to answer this question.

Ariely has long been fascinated with how emotional states, moral codes and peer pressure affect our ability to make rational and often extremely important decisions in our daily lives — across a spectrum of our interests, from economic choices (how should I invest?) to personal (who should I marry?). At Duke, he’s aligned with three departments (business, economics and cognitive neuroscience); he’s also a visiting professor in MIT‘s Program in Media Arts and Sciences and a founding member of the Center for Advanced Hindsight. His hope that studying and understanding the decision-making process can help people lead better, more sensible daily lives.

He produces a weekly podcast, Arming the Donkeys, featuring chats with researchers in the social and natural sciences.

“If you want to know why you always buy a bigger television than you intended, or why you think it’s perfectly fine to spend a few dollars on a cup of coffee at Starbucks, or why people feel better after taking a 50-cent aspirin but continue to complain of a throbbing skull when they’re told the pill they took just cost one penny, Ariely has the answer.”  Daniel Gross, Newsweek

 

The Leadership Challenge – Graham Moore

The Leadership Challenge – Graham Moore

 

Molly Crockett: Beware neuro-bunk

Molly Crockett: Beware neuro-bunk

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Brains are ubiquitous in modern marketing: Headlines proclaim cheese sandwiches help with decision-making, while a “neuro” drink claims to reduce stress. There’s just one problem, says neuroscientist Molly Crockett: The benefits of these “neuro-enhancements” are not proven scientifically. In this to-the-point talk, Crockett explains the limits of interpreting neuroscientific data, and why we should all be aware of them.

Neuroscientist Molly Crockett studies altruism, morality and value-based decision-making in humans.

WHY YOU SHOULD LISTEN TO HER

Can what you eat influence your sense of justice? Will a simple drug make you more likely to help a stranger on the street? Neuroscientist Molly Crockett asks and answers these and many other fascinating questions about the influence of neurotransmitters, like dopamine and serotonin, on altruism and decision-making. Neuroscience may hold the answer, says Crockett, but there are still limits to our ability to draw conclusions from neural research. Crockett received her PhD from the University of Cambridge in 2011, and she is currently working with support from the four-year Sir Henry Wellcome Postdoctoral Fellowship studying human altruism in labratories worldwide.

 

Leadership Lessons – Setting Priorities

Leadership Lessons – Setting Priorities

Dr. Fred Johnson is at the top of his game as a Leadership Expert. When comparing him to the greats like Steven Covey, John Maxwell and Ken Blanchard, your experience will rival nothing less than a “10″ performance. Dr. Fred engages the human element and is a catalyst in molding sustainable change. His Leadership program is time-tested and transcends industries, designed to align employees with corporate vision and values which serve as the decision-making filters throughout the organization.

 

The Human Decision System

The Human Decision System

We all have a Human Decision System. Learning how to harness and work with it is a key to successful behavior change.

 

Explorations of the Mind: Intuition

Daniel Kahneman is an internationally renowned psychologist whose work spans cognitive psychology, behavioral economics, and the science of well-being. In recognition of his groundbreaking work on human judgment and decision-making, Kahneman received the 2002 Nobel Prize. In this program he explores the idea of intuition.

Your destiny is determined by your decisions