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About Sam Vaknin

Sam Vaknin ( http://samvak.tripod.com ) is the author of Malignant Self Love - Narcissism Revisited and After the Rain - How the West Lost the East. He served as a columnist for Central Europe Review, PopMatters, Bellaonline, and eBookWeb, a United Press International (UPI) Senior Business Correspondent, and the editor of mental health and Central East Europe categories in The Open Directory and Suite101.

Until recently, he served as the Economic Advisor to the Government of Macedonia.

Visit Sam's Web site at http://samvak.tripod.com
Innovation and Your Business

On 18 June, 2002 business people across the UK took part in Living Innovation 2002. The extravaganza included a national broadcast linkup from the Eden Project in Cornwall and satellite-televised interviews with successful innovators.

Digital Object Identifiers and the Future of Online Content – Part II

The DOI Foundation has unveiled the DOI-EB (EB stands for e-books) Initiative in the Book Expo America Show 2001, to, in their words:

Digital Object Identifiers and the Future of Online Content – Part I

The Internet is too rich. Even powerful and sophisticated search engines, such as Google, return a lot of trash, dead ends, and Error 404′s in response to the most well-defined query, Boolean operators and all.

The Economics of Spam

Tennessee resident K. C. “Khan” Smith owes the internet service provider EarthLink $24 million.

How Much are These Shares Worth? – Models of Stock Valuation
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The debate rages all over Eastern and Central Europe, in countries in transition as well as in Western Europe. It raged in Britain during the 80s.

Nation Branding and Place Marketing

I. The Marketing Plan

In the decades since World War II, economics prowess replaced military power as the crucial geopolitical determinant. The resilience of a country is measured by its inflows of foreign investment and by the balance of its current account – not by the number of its tanks and brigades.

Investing in Central and East Europe

The brief global recession of the early years of this decade – which was neither prolonged, nor trenchant and all-pervasive, as widely predicted – had little effect on Central and Eastern Europe’s traditional export markets.

Information Technology and Productivity in Your Business

On March 21, 2005, Germany’s prestigious Ifo Institute at the University of Munich published a research report according to which “More technology at school can have a detrimental effect on education and computers at home can harm learning”.

Leverage Your Knowledge to Make Profits

“Knowledge is Power” goes the old German adage. But power, as any schoolboy knows, always has negative and positive sides to it.

Decision Support Systems for Your Business

Many companies in developing countries have a very detailed reporting system going down to the level of a single product, a single supplier, a single day.

Price Your Products Differently in Different Markets

Last April, the World Health Organization (WHO), the World Trade Organization (WTO), the Norwegian Foreign Ministry, and the US-based Global Health Council held a 3-days workshop about “Pricing and Financing of Essential Drugs” in poor countries. Not surprisingly, the conclusion was:

Conflict between Managers and Shareholders
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In the catechism of capitalism, shares represent the part-ownership of an economic enterprise, usually a firm. The value of shares is determined by the replacement value of the assets of the firm, including intangibles such as goodwill. The price of the share is determined by transactions among arm’s length buyers and sellers in an efficient and liquid market. The price reflects expectations regarding the future value of the firm and the stock’s future stream of income – i.e., dividends.

HOW TO COPE WITH ABUSE in the WORKPLACE

To a narcissist-employer, the members of his “staff” are Secondary Sources of Narcissistic Supply.

The Cyber Narcissist

To the narcissist, the Internet is an alluring and irresistible combination of playground and hunting grounds, the gathering place of numerous potential sources of narcissistic supply, a world where false identities are the norm and mind games the bon ton. And it is beyond the reach of the law, the pale of social norms, the strictures of civilized conduct.

Narcissistic Leaders and Corporate Narcissism

I. Narcissistic Leaders

The narcissistic leader is the culmination and reification of his period, culture, and civilization. He is likely to rise to prominence in narcissistic societies.

The Revolt of the Poor – The Demise of Intellectual Property

Three years ago I published a book of short stories in Israel. The publishing house belongs to Israel’s leading (and exceedingly wealthy) newspaper. I signed a contract which stated that I am entitled to receive 8% of the income from the sales of the book after commissions payable to distributors, shops, etc. A few months later, I won the coveted Prize of the Ministry of Education (for short prose). The prize money (a few thousand DMs) was snatched by the publishing house on the legal grounds that all the money generated by the book belongs to them because they own the copyright.

E(merging) Books

A novel re-definition through experimentation of the classical format of the book is emerging.

What is Intuition?

I. THE THREE INTUITIONS

IA. Eidetic Intuitions

The Affair of the Vanishing Content

“Digitized information, especially on the Internet, has such rapid turnover these days that total loss is the norm. Civilization is developing severe amnesia as a result; indeed it may have become too amnesiac already to notice the problem properly.”

Invasion of the Amazons

The last few months have witnessed a bloodbath in tech stocks coupled with a frantic re-definition of the web and of every player in it (as far as content is concerned).

Competition Laws and Monopolistic Behaviour – Part II

C. ANTI – COMPETITIVE STRATEGIES

Any Competition Law in developing countries should, in my view, excplicitly include strict prohibitions of the following practices (further details can be found in Porter’s book – “Competitive Strategy”).

Competition Laws and Monopolistic Behaviour – Part I
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A. THE PHILOSOPHY OF COMPETITION

The aims of competition (anti-trust) laws are to ensure that consumers pay the lowest possible price (=the most efficient price) coupled with the highest quality of the goods and services which they consume. This, according to current economic theories, can be achieved only through effective competition. Competition not only reduces particular prices of specific goods and services – it also tends to have a deflationary effect by reducing the general price level. It pits consumers against producers, producers against other producers (in the battle to win the heart of consumers) and even consumers against consumers (for example in the healthcare sector in the USA). This everlasting conflict does the miracle of increasing quality with lower prices. Think about the vast improvement on both scores in electrical appliances. The VCR and PC of yesteryear cost thrice as much and provided one third the functions at one tenth the speed.

The Typology of Financial Scandals

Tulipmania – this is the name coined for the first pyramid investment scheme in history.

In 1634, tulip bulbs were traded in a special exchange in Amsterdam. People used these bulbs as means of exchange and value store. They traded them and speculated in them. The rare black tulip bulbs were as valuable as a big mansion house. The craze lasted four years and it seemed that it would last forever. But this was not to be.

An Embarrassment of Riches

The Internet is too rich. Even powerful and sophisticated search engines, such as Google, return a lot of trash, dead ends, and Error 404′s in response to the most well-defined query, Boolean operators and all. Directories created by human editors – such as Yahoo! or the Open Directory Project – are often overwhelmed by the amount of material out there.