Megan McArdle
Groups are capable of much more stupid behavior than individuals are. They frequently fall prey to what I’ve taken to calling groupidity: doing something stupid because other people around you seem to think it’s safe. Fundamentally, people are herd animals. We band together for safety. We look to other people to see what is dangerous, and what is not. This is an important part of … [ Read more ]
Content: Quotation | Author: Megan McArdle | Source: The Conference Board Review | Subject: Organizational Behavior
Sink and Swim
Bankruptcy helps the undeserving—and that’s the way it should be.
Content: Article | Author: Megan McArdle | Source: The Atlantic Monthly | Subject: Economics