“When you’re young, you look at television and think, There’s a conspiracy. The networks have conspired to dumb us down. But when you get a little older, you realize that’s not true. The networks are in business to give people exactly what they want. That’s a far more depressing thought. Conspiracy is optimistic! You can shoot the bastards! We can have a revolution! But the networks are really in business to give people what they want. It’s the truth.”
-Steve Jobs, [Wired, February 1996]
"Using the bible to prove the existence of god is like using The Lord Of The Rings to prove the existence of Hobbits."
-Anon.
Like broken windows are not all bad.
New light? That was the same Bohr who made the famous horseshoe quip.
Unless there are two horseshoe quotes, this one seems to be disputed:
One of the most serious problems with modern "management" is that the incentives are all wrong. Imagine that I hire a programmer and pay him by the line of code. This idea has been so thoroughly debunked that it is nearly impossible to write out the consequences without sounding cliché. Yet it happens all the time: Companies promote "Architects" who are evaluated by the weight of their "architecture." The result is stultifying and demoralizing. The architect does not work to facilitate the programmer's work, he works to produce evidence of his contribution in the form of frameworks, standards, and software process.
So, how are most managers evaluated? By the amount of "managing" they do, as measured by the amount of process they impose on their team. Evaluating a manager by the amount of managing they do is exactly the same thing as evaluating a programmer by the amount of code they write. And it produces results like you describe, where the manager works to produce evidence of their management in the form of processes and decisions from the top down, rather than facilitating the work actually being done.
-raganwald, HN, http://news.ycombinator.com/item?id=2423236
One perennial problem is the overwhelming incentive for analysts to issue “Buy” recommendations. The universe of stocks not owned by a customer is always much larger than the list of those currently owned. Consequently, it’s much easier to generate commissions from new “Buy” recommendations than from recommendations to sell.
-Joel Greenblatt
Seems like more of a libertarianism quote to me.
It can be that, but I think it also illustrate the importance of understanding people's real goals and intentions and not assuming that they are what they appear to be at first glance.
"At one of our dinners, Milton recalled traveling to an Asian country in the 1960s and visiting a worksite where a new canal was being built. He was shocked to see that, instead of modern tractors and earth movers, the workers had shovels. He asked why there were so few machines. The government bureaucrat explained: “You don’t understand. This is a jobs program.” To which Milton replied: “Oh, I thought you were trying to build a canal. If it’s jobs you want, then you should give these workers spoons, not shovels.”
-Milton Friedman story
"The more you sweat in training, the less you bleed in war."
--WSJ article about Navy SEALs
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-Seth Klarman, Margin of Safety, p.90