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January 09, 2005

The D-Squared One-Minute MBA

Something that I should have pointed people to last spring:

D-squared Digest -- A fat young man without a good word for anyone: The D-Squared Digest One Minute MBA - Avoiding Projects Pursued By Morons 101:

...people have been asking me: "How is it that you were so amazingly prescient about Iraq? Why is it that you were right about everything at precisely the same moment when we were wrong?" No honestly, they have... the secret to every analysis I've ever done of contemporary politics has been, more or less, my expensive business school education... [business schools] occasionally teach you the odd thing which is very useful indeed. Here's a few of the ones I learned:...

Good ideas do not need lots of lies told about them in order to gain public acceptance.
Fibbers' forecasts are worthless.
The Vital Importance of Audit.

Posted by DeLong at January 9, 2005 04:21 PM

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Comments

"Good ideas do not need lots of lies told about them in order to gain public acceptance."

But then, neither do bad ideas....

Posted by: John T. Kennedy at January 9, 2005 04:55 PM


I think the Scientific Method should also be employed.

Proper evidence, proper experimental design and peer review.

Posted by: Unstable Isotope at January 9, 2005 05:01 PM


The first question to ask about any idea is what is the motivation of those proposing it.. if it's obvious they are lying about their motive, it's probably a bad idea. If they are honest about the motive, but it's a bad idea, they will be willing to change the idea if you point out to them theat the idea won't accomplish the motive. If they are lying about the motive, they will simply change it - hence "WMDs... Saddam was a bad guy.... we're freeing the Iraqi people... we're promoting democracy.." instead of "we can make big bucks off a war and the oil", which would have been honest, but not a popular motive or an easily promoted one.

Posted by: donna at January 9, 2005 05:51 PM


Hey guys and girls,
Trot over to de squared blog and read the whole thing.

Posted by: dilbert dogbert at January 9, 2005 07:59 PM


Listen to dilbert - its an excellent post of which this is just a tiny taste.

Posted by: derrida derider at January 10, 2005 12:21 AM


Yeah all you guys in the D.D. club just talkin each other up.

Posted by: Jeremy Osner at January 10, 2005 07:56 AM


If only George W. Bush had gotten as much out of his MBA.

Posted by: HStewart at January 10, 2005 08:10 AM


I'm not a D.D. reader, but I thought the whole thing was good as well, for what it's worth.

Posted by: fling93 at January 11, 2005 12:29 PM


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