21–30 of 73 posts
[I]f fewer bright, ambitious people go into business, economies may suffer. Instead the talent will go increasingly into the public sector, the law, medicine—which are already bursting with bright people as it is. This must be some new definition of “suffer” that I was not previously aware of.
[I]f fewer bright, ambitious people go into business, economies may suffer. Instead the talent will go increasingly into the public sector, the law, medicine—which are already bursting with bright people as it is. This must be some new definition of “suffer” that I was not previously aware of.
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If The Economist can use the word bullshit , in the technical sense -- self-conscious jargoneering intended to inflate the speaker's perceived importance -- then the rest of us can too, right?
This is as official as it gets!
[I]f fewer bright, ambitious people go into business, economies may suffer. Instead the talent will go increasingly into the public sector, the law, medicine—which are already bursting with bright people as it is. This must be some new definition of “suffer” that I was not previously aware of.
If The Economist can use the word bullshit , in the technical sense -- self-conscious jargoneering intended to inflate the speaker's perceived importance -- then the rest of us can too, right?
I work in a multi-disciplinary engineering firm. In the past, the project managers were typically promoted from the senior engineering ranks (like a lead mechanical engineer). About 5 years ago, the company decided to create a separate discpline for project management. So graduate engineers would go straight into assisting project managers, and then becoming one themselves without ever working on a project as a discipline engineer.
Now we have to deal with project managers who've never actually worked on a project and don't understand how projects really get done. They only know how to manipulate cost and schedule spreadsheets and set unrealistic milestones.
The best project managers I've worked with have had extensive experience working on projects in their discipline, then supplemented these skills with an MBA or similar such management training.
This article is bullshit. It's premised on a single piece of evidence: the decline of jobs for MBAs. Holding the decline of jobs in a recession as a sign a qualification is worthless is ridiculous. The demand for engineers has gone down as well, does that mean engineering qualifications are worthless ? Following the same logic if the demand for MBA graduates went up then it would make sense to argue that MBAs are val…
I hope we don't lose Dragons’ Den. The Canadian version is great entertainment.
I can't believe some of those deals. $25,000 and 50% plus a renaming of the company to include the investors name.
The real problem with the show is the format. The amount of money they ask for, they need to get. So the equity amount always climbs to 51%.
I think that even the deals that are agreed upon mainly fall apart later on. Great show though.
This article is bullshit. It's premised on a single piece of evidence: the decline of jobs for MBAs. Holding the decline of jobs in a recession as a sign a qualification is worthless is ridiculous. The demand for engineers has gone down as well, does that mean engineering qualifications are worthless ? Following the same logic if the demand for MBA graduates went up then it would make sense to argue that MBAs are val…
This article is from their speculative 'The world in 2010' publication, which attempts to forecast the coming year. That means its a bit more speculative than standard economist articles. Wall-street bailouts definitely made business less sexy on main street
If The Economist can use the word bullshit , in the technical sense -- self-conscious jargoneering intended to inflate the speaker's perceived importance -- then the rest of us can too, right?
You don't need permission to say bullshit. Always call it when you see it. It doesn't need shelter.
Of course, tempered rational arguments rarely drive significant traffic, and lackluster traffic doesn't drive sales.