It’s great to do “meaningful work” and have “meaningful dialog” and make “meaningful contributions.” But do you really know what it means? It’s often just a synonym for “good” — which can be , um, good — but at its worst it merely means that something “feels good” or “resembles good.” When it’s done right, [...]
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I’m not joking: when I was a kid I went through a phase of wanting to grow up to be someone who wrote “famous quotes.” From time to time I’d think of something that sounded profound and I’d think, “that isn’t so hard!” But then I wondered, “So now… how does this clever quote become [...]
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Just finished perusing Douglas Rushkoff’s Life Inc: How the World Became a Corporation and How to Take it Back. Note the villain is “corporatism,” not simply corporations. Even corporations themselves are victimized; they get tilted into self-destructive acts by decision frameworks that benefit nobody — only roughly satisfying some people’s abstract sense that “the market [...]
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[Intro deleted] In economics and contract theory, information asymmetry deals with the study of decisions in transactions where one party has more or better information than the other. This creates an imbalance of power in transactions which can sometimes cause the transactions to go awry. Examples of this problem are adverse selection and moral hazard. [...]
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I made this claim (here) just after the Democratic Convention, now a couple of business gurus who blog for Harvard Business Publishing are confirming it: Barack Obama is not only an exemplary political leader, but would make an exemplary business leader as well. Bill Taylor wrote today about How Barack Obama Became CEO of the USA. [...]
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