Wall St. Moral Rot: Spreading To Politics, Main St.? : NPR


Wall St. Moral Rot: Spreading To Politics, Main St.? : NPR

Posted in Politics and Government

Video Lectures | Public lectures given at the Institute for Advanced Study


Video Lectures | Public lectures given at the Institute for Advanced Study

Posted in Science

Mob Mentality


There’s a whiff of the lynch mob or the lemming migration about any overlarge concentration of like-thinking individuals, no matter how virtuous their cause.
– PJ O’Rourke

Posted in Quotable

and then comes the bozo explosion


bozo explosion n. The large number of inept employees that a company ends up with when it hires an incompetent executive, who in turn hires incompetent managers, who then hire incompetent workers.
— from wordspy

The really scary part of the mediocrity revolution is that those responsible think they’re doing something useful. They believe extreme short-term thinking and disregard for the welfare of customers, employees, and communities will make businesses more competitive.

I think there is a tipping point. When executives are simply peter principled incompetents, their effect is minimal. It’s aggressive stupidity at the top that creates the conditions necessary for the bozo explosion. If you don’t believe it, consider the government, or the phone company.

Posted in Commentary

The Mediocrity Revolution


It is the conventional wisdom that there is a productivity revolution afoot in the global economy, and that America is at its forefront. One imagines that, if everyone is more productive, goods and services should be less costly, and everyone should be better off.

Productivity is defined roughly to be output divided by input, measured roughly by dividing GNP by the total cost of production. Labor is among the most significant costs, especially in the service industries which represent a growing portion of the U.S. economy.

It follows that one effective way to improve productivity is to reduce quality and level of service. Airlines and mobile phone carriers are great examples.

Years ago I was a member of the IS department responsible for operating a mainframe computer shared by the departments of a multi-divisional company. When workload had grown to the point where an upgrade was desperately needed, upper management would always ask why we should upgrade when we were only using 90% of the machine’s capacity. Of course, the answer is found in the restroom analogy. The most efficient strategy for restrooms is to have a long line at all times. The restroom will be utilized at 100% of its capacity. Nothing is wasted, except the time and comfort of the people waiting in line.

Similarly, the most efficient approach to customer service is to have customers wait in line. In fact, the longer they wait, the better, because if the wait is long enough, a lot of them will just give up. The result is not only a fully utilized customer service department, but the workload is actually reduced.

The search for excellence is over. In productivity we have found something better than excellence. And mediocrity (or worse if we can get away with it) is the way to achieve it.

Posted in Commentary

Free Advice: On Archeology


Lateral thinking? Check it out.

Posted in ROFL

Genetics and Politics


It occurs to me that perhaps leader-seeking is a hard wired human trait, favored by natural selection perhaps because beneficial cooperation works better with a leader than without (the committee problem). But perhaps it’s a promiscuous urge, and there is no built-in mechanism for taking leader quality into account. Or perhaps the urge is so strong that, in the absence of a good leader, any leader will do. There is no scientific basis for my speculation (as far as I know), but if I’m right, it would explain a lot.

Posted in Commentary

Platypus Genome Decoded


The New York Times reports the Platypus Genome has been decoded.

“It was quite a difficult thing,” said Jennifer Marshall Graves of Australian National University in Canberra, who led part of the analysis after the St. Louis team derived the basic sequence.

“The genome was completely unknown, and we knew it was going to be fairly weird,” Graves said. “You’d look at some of these repetitive sequences and think, ‘What on Earth is that?’ “

I know what that’s like. Koffskey’s code is like that.

##

Posted in Science

Bruce Springsteen, Greensboro NC


Posted in News and Events

Quotes of the Day – The Quotations Page


Quotes of the Day – The Quotations Page: “Coming home from very lonely places, all of us go a little mad: whether from great personal success, or just an all-night drive, we are the sole survivors of a world no one else has ever seen.
John le Carre (1931 – ), ‘The Chancellor Who Agreed To Play Spy’, The New York Times, May 8, 1974″

Posted in Quotable