Peter Tunjic

The only thing harder than thinking about value is getting someone else to think about value. ondirectorship.com/ondirectorship…

“The business of business is to do the business" ondirectorship.com/ondirectorship…

@Agentnexus446 ,l

...the wicked take power by promising it to those who think they have none. ondirectorship.com/ondirectorship…

@henkhadders Based on engagement, the better question might have been why are we so ambivalent to usefulness and the idea of value in use.

"Why Are There Fewer Useful Things ? " asks @PTunjic, lawyer and modern value theorist linkedin.com/pulse/why-fewe…

Economists have made it “their mission to maximize the welfare of ordinary people”. Insisting that politicians use their models when deciding responses to the climate crisis. But I wish economists had chosen another hill for us all to die on. ondirectorship.com/ondirectorship…

"Adam Smith’s use vs exchange dichotomy is the single greatest misdirection in the history of the social sciences.  Setting countless scholars astray and putting the planet in harm’s way." ondirectorship.com/ondirectorship…

What do you call the opposite of value? ondirectorship.com/ondirectorship…

.@PTunjic just published part 18 of his independent research, which is so close to my heart. More on prime movers and value in use linkedin.com/feed/update/ur…

@1116sen Aq

“We knew exactly what we were playing for. We were playing for Trent Cotchin on that day.” 🙏 The sliding doors scenario involving multiple clubs that saw Cotchin end up at Richmond | bit.ly/3NgVs6e | #AFL #AFLTigersSaints

If economics, as we know it, has not and can not solve the problem of the best use of a thing, the search is still on. ondirectorship.com/ondirectorship…

Whatever word we use "negative entropy", "negentropy" of "syntropy", this concept is of the utmost importance and helps guide us forward, supported by this groundbreaking research by @PTunjic . Chapeau, Peter for this Part 17 !

Can economics be rehabilitated? ondirectorship.com/ondirectorship…

How the principle of one person's entropy being another person's energy might help rehabilitate economics. ondirectorship.com/ondirectorship…

if value in use were the organizing principle of capitalism and all actors had objective information about the capacity of their available capitals to effect change, capitalism could be described as a system for coordinating entropy. ondirectorship.com/ondirectorship…

In this episode @PTunjic explores the relationship of #corporations seen as dissipative social systems with the second law of #thermodynamics in terms of vital #capitals, #energy and #value in use, #entropy and (dis)equilibrium.

@henkhadders Thanks Henk. Capitalism, framed as a system for co-ordinating entropy so that we all grow, has some merit.

Is the buyback-retrenchnent paradox the new water-diamond paradox ? ondirectorship.com/ondirectorship…

The problem with economics is that economists confuse their ambition to solve every problem faced by humanity with perfect markets with their ability to grasp even the most elemental laws of physics that govern not only human existence but all existence. ondirectorship.com/ondirectorship…

How to measure the best use of something. Economists tell us it's about profits and preferences. Nature violently disagrees. ondirectorship.com/ondirectorship…