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Lie More, as a Business Model

economix.blogs.nytimes.com

41–50 of 56 posts

Re: Lie More, as a Business Model

#42

I used to buy into the MBA mentality. Now I really think MBA / todays managerial wisdom is slowly destroying the world. The business climate in most corporations is plain awful and most people don't even realize because they don't know what a healthy business environment looks like. It seems that these days that as long as your numbers on your spreadsheet match up, it doesn't matter how you got them to match just as…

So, time for technology to fix this, right?

[deleted]

Re: Lie More, as a Business Model

#43
post #34

The press is the watchdog of things like this. Unfortunately the press has been gutted and all the old white men with years and years of experience have left being replaced by people like Catherine Rampell (attractive, young, and only 5 years out of Princeton). This is not a rant against woman (I've seen this pattern with both young men and young woman) and it's not a rant against young people (there are some areas w…

I'm really confused by your rant on a story that is not about journalism and is being reported by Simon Johnson who is one of the "old white men" you seem to prefer. You use the weak link of "The press is the watchdog" and then pivot into an ad-hominem attack against a reporter that has nothing to do with this story and that you apparently know a lot about for some reason. It's kind of weird.

Re: Lie More, as a Business Model

#44
post #14
post #7

Don't worry, in the "long run" the laissez-faire approach to corporate regulation will "end up" minimizing malfeasance and maximizing freedom. Liberty just needs more time. Like, say, another year. Two, max.

What happens when there are substantial barriers to entry _and_ there is collusion; how would "laissez-faire" economics deal with it, in timeliness which would make it tenable for actual people. I'm actually curious to know.

Well, the French Revolution solved the problem in a bit over three years. Perhaps that's a model worth investigating?

Re: Lie More, as a Business Model

#45

I used to buy into the MBA mentality. Now I really think MBA / todays managerial wisdom is slowly destroying the world. The business climate in most corporations is plain awful and most people don't even realize because they don't know what a healthy business environment looks like. It seems that these days that as long as your numbers on your spreadsheet match up, it doesn't matter how you got them to match just as…

"Give a manager a numerical target & he will hit it, even if it means destroying the company."

Re: Lie More, as a Business Model

#47

Obviously the author of this article is a socialist... The financial industry is driving innovation by applying the principles of capitalism. The only reason the bankers are lying is that government meddling is making their capitalistic process illegal. Of you want bankers to be 100% truthful, don't tie their hands behind their backs with quaint concepts like usury, proper underwriting of loans, etc.

The poe factor or this post approaches 1. I am either frightened or in stitches... I'm not sure which.

Re: Lie More, as a Business Model

#48
post #43
post #34

The press is the watchdog of things like this. Unfortunately the press has been gutted and all the old white men with years and years of experience have left being replaced by people like Catherine Rampell (attractive, young, and only 5 years out of Princeton). This is not a rant against woman (I've seen this pattern with both young men and young woman) and it's not a rant against young people (there are some areas w…

I'm really confused by your rant on a story that is not about journalism and is being reported by Simon Johnson who is one of the "old white men" you seem to prefer. You use the weak link of "The press is the watchdog" and then pivot into an ad-hominem attack against a reporter that has nothing to do with this story and that you apparently know a lot about for some reason. It's kind of weird.

"rant on a story that is not about journalism and is being reported by Simon Johnson"

Johnson is the real deal I have no issue with him obviously.

Catherine Rampell is founding editor of the Economix blog.

"ad-hominem attack against a reporter" It's an attack against the New York Times the paper of record not Catherine.

"has nothing to do with this story" afaik she decides what gets onto the blog or not. She is the gatekeeper.

"you apparently know a lot about for some reason"

Not really. Just what I've linked to. Took a second to do the links after a search.

"It's kind of weird."

Why?

Edit: I might add also I love people who imply someone isn't being nice to someone "ad-hominem" by not being nice ("it's kinda weird")

Re: Lie More, as a Business Model

#49
post #5
post #4

Hasn't it always been a fairly well established business model? If anything the success of this model means we're seeing it more and more in ever more gigantic failures. Whereas before it seemed confined to snake oil salesmen and politics...

I have a bridge I'm looking to sell.

I have stock in a social networking company I am looking to sell.

Re: Lie More, as a Business Model

#50
post #7

Don't worry, in the "long run" the laissez-faire approach to corporate regulation will "end up" minimizing malfeasance and maximizing freedom. Liberty just needs more time. Like, say, another year. Two, max.

What is laissez-faire about the major industries (banking, defense, oil, agriculture and many more) being the biggest lobbyists? They pay politicians to write laws favorable to them. Their PR industry tells you its laissez-faire, but think through what you say.
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