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Wealth Guilt & Shame

Wealth Guilt & Shame

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Wealthy people are a soft target at the best of times. The media revels in sensational stories about wealthy families, especially when things go wrong. And if that wasn’t enough, neo-socialists in the US preach redistribution and question whether the world should have billionaires. The emerging “wealth minimisation” movement encourages inheritors to redistribute “excess wealth” for the betterment of society. In some cases, this is about making up for the “harm” done by the wealth…

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COVID Inequality & Multipliers

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The lockdowns of varying degrees currently being experienced in Melbourne and Sydney highlight the deep fissures and inequalities prevalent in large cities. Rather than a tale of two cities, it’s a tale of two halves within each city. While these generalisations are very broad, they are indicative of a number of factors that start with the socioeconomic status (SES) variation across different suburbs within the city. This is not a simple case of rich vs…

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Our COVID Statistics are all Wrong

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Management guru Peter Drucker gave us “what gets measured gets managed” (for better or worse). Governments bombard us daily with COVID-related statistics, but many of them are measuring the wrong things. The most common statistic is “new cases per day”, but that has serious deficiencies. Firstly, it’s quoted as an absolute number, rather than as a proportion of the population. So in the early days of COVID, the US had huge daily numbers, but as a country…

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Dan and Gladys – a Matter of Trust

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(Disclaimers: I’m politically aligned to the right, live in Melbourne, and the current outbreaks are far from over) COVID has become highly politicised; we might more accurately say it has brought out the worst of our political partisanship. The national cabinet is a fractured mix of a Liberal Prime Minister and mostly Labor State Premiers. The state response has followed a pattern along political lines, with Labor Premiers favouring lockdowns, and Gladys in NSW playing…

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Communications 2nd Generation

Communication isn’t important …

By Articles, Blog, Familosophy, Featured Posts, In The News, LinkedIn, original No Comments

Research has shown that 60 per cent of failed intergenerational family wealth transition are due to problems with trust or communication. Communication isn’t important in families. It is everything. If a family cannot communicate, it cannot function as a group. It’s that simple. What does poor communication look like? An absence or lack of communication (e.g. “it’s none of their business”, “they don’t need to know”, “we know what is best for them”) is patronising, infantilising,…

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Australia’s COVID Elimination Strategy Has Failed

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What’s the best thing about Australia? It’s far from everywhere.What’s the worst thing about Australia? It’s far from everywhere.Isolated & strong borders, reversed seasons. In the world of COVID, these would appear to be a blessing. When COVID first emerged, the cold winter in the northern hemisphere contributed to its rapid spread. In Australia, the warmer climate helped reduce the spread, and together with border control and quarantine, we were largely able to get things…

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Superbowl LV Preview

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You might describe the Superbowl matchup as the standout team of the season (and current title-holder) versus the team that currently has Tom Brady at QB. Showing no signs of hangover, the Chiefs have put together a near-flawless season. On offence, Mahomes keeps getting better and has a array of powerful weapons, including his own mobility and legs. His speedsters can run deep routes, but are equally able to get the ball with a screen,…

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NPR Podcast on Political Preferences and Family Business

NPR Podcast on Political Preferences and Family Business

By Articles, Blog, Familosophy, Featured Posts, In The News, LinkedIn No Comments

Here’s another goody from the archives. With the US elections in the news, there is talk of generational shifts in the electorate (which will take some time still to have a significant impact), and with the further polarisation within the US, the way political affiliations have come between friends and family members. This fascinating NPR podcast discusses how political preferences are driven by hidden moral frameworks. The nation is often described using the family as…

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The Disunited States of Australia

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“I am, you are, we are Australian”, wrote The Seekers in a beautiful expression of national identity that spans our very diverse origins. While through COVID-10 we ought to feel especially blessed to live on this remote, island nation, the experience has highlighted the structural essence of our nation like nothing else could. As most Australians know, our country is a federation of states that were originally separate self-governing colonies, and chose to come together…

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Political Preferences and Family Business

Political Preferences and Family Business

By Articles, Blog, Familosophy, LinkedIn, original No Comments

With the recent US elections in the news, there is talk of generational shifts in the electorate (which will take some time still to have a significant impact), and with the further polarisation within the US, the way political affiliations have come between friends and family members. This fascinating NPR podcast discusses how political preferences are driven by hidden moral frameworks. The nation is often described using the family as a metaphor, with terms like…

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