Everyone is entitled to his own opinion, but not his own facts. Founded by Mark Kleiman (1951-2019)
DUKENFIELD’S LAW OF INCENTIVE MANAGEMENT: W.C. Fields said, “If a thing’s worth winning, it’s worth cheating for.” Designers of incentive-management systems ignore that principle at their peril. What high-stakes school testing and stock options for CEO’s have in common.
ON PREVENTIVE WAR: Going to war with Iraq might be a terrible idea — I think it probably is — but you couldn’t really call it “unprovoked,” could you? Or have we suddenly decided that France shouldn’t have resisted the German remilitarization of the Rhineland in 1936?