Living Asset Stewardship Blog


Entroponomics Redux

A couple of months ago (December 10, 2012) I wrote that the word “economics” has become divorced from its original meaning and that “entroponomics” would be a more truthful label – one that would compel us to think more deeply about the consequences of our commercial behavior. Most of us associate the word economics with high level planning and management intended ...


During 2012 the Global LAMP Index® continued to build its multi-year performance advantage over  leading global equity indices as well as the S&P 500. A chart showing compounded returns since 1996 – the year I started work on the Index – is displayed on the front page of this website. Tables detailing index returns on a year-to-year and on a ...



The words we use convey shared meanings and assumptions that affect the ways we think and behave. Take the word “economics.” The word itself derives from the Ancient Greek οἰκονομία (oikonomia, "management of a household, administration") and from οἶκος (oikos, "house") plus νόμος (nomos, "custom" or "law"): hence "rules of the house(hold)." Since the founding of modern economics in the 18th ...


Biological and ecological systems are full of complexity. So is the financial system. But here the similarity ends: for Nature and biology are complex in the right way, while the financial system is not. The right way is diverse, symbiotic, adaptive and dynamically balanced. The wrong way is highly centralized, self-centered, disconnected, single-minded (profit seeking) and continually growing with concentrated pockets ...


LAMP Companies Repeat on Global 100 Lists

Since 2006, when Profit For Life was published, 65 percent of Global LAMP Index® companies our learning lab for the book have been selected for the Global 100 list of corporate sustainability leaders. Since the Global 100 are selected from thousands of eligible companies, the high inclusion rate of LAMP companies is truly extraordinary. The Global 100 ...


Brother Can You Spare a Trillion?

The industrial capitalist model of economic progress is broke. Premised on cheap energy, inexhaustible resources and perpetual GDP growth, it now runs deficits faster than it adds value. Tweaking this model, which is presently bankrupting us, is not an option. What we need is a major overhaul. The sooner we admit this truth, the more options we'll have in the ...


This article was originally published in 1972 by Risk Management Magazine and is used here with permission of the publisher. We reprint it for its historic significance: a contrarian view of sound business practice when it was written that has today become a foundational concept of triple bottom line corporate reporting. As the first serious study to link corporate ...


2011: A Year of Sub-par Returns

After fifteen years of top tier returns, the Global LAMP Index® lagged all three of its global comparators. During 2011 it lost 9.20% in value versus losses ranging from 3.18% to 5.53% on peer indices. Perhaps we were due. In the investment world nobody runs at the front of the pack all the time. For those wishing to see the ...


Growing Wealth That Lasts

The principles that govern lasting wealth creation are time tested and simple. Yet we have a difficult time putting them to practice because they require deferring present needs and wants into the future. At every level of political/economic decision-making global, national or family the power of now has an inexorable pull. The power of now has been ...


The United Nations Economic Program's Financial Initiative (UNEP-FI) in collaboration with the Global Footprint Network and a number of leading financial institutions, has decided to investigate the linkages between ecological risk and sovereign credit risk.1 This is a long overdue step towards greater transparency in global bond markets and a fresh affirmation of the new renaissance thinking in business ...