Monday, July 02, 2007

Screeds

Screeds: "Another of Mankind's master intellects, Nobel laureate Milton Friedman, has approached bureaucratic inefficiency from the standpoint of the incentives that govern the use of resources, particularly money. He presented the following matrix of spending decisions:

The Benefit Will Accrue To Me
The Benefit Will Accrue To Others
The Cost Will Be Borne By Me
The Cost Will Be Borne By Others


This is the incentives matrix each of us faces any time he has to make a spending decision."

"
Robert Conquest's Three Laws of Politics:
  1. Everyone is conservative about what he knows best.
  2. Any organization not explicitly right-wing sooner or later becomes left-wing.
  3. The simplest way to explain the behavior of any bureaucratic organization is to assume that it is controlled by a cabal of its enemies.
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