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Monthly Archives: October 2009

PopCap: Zero Tolerance = Institutionalized Stupidity

(Friday’s Populist Capitalist Blog Post) A six year old, excited about joining the Cub Scouts, “takes a camping utensil that can serve as a knife, fork and spoon to school.” Result? Expulsion under a zero tolerance policy. “(A) third-grade girl was expelled for a year because her grandmother had sent a birthday cake to school, […]

Don’t Be A Frog

You’ve heard the story of the frog that got boiled alive in a pot it could have escaped from, but failed to take action in time because the temperature rose so very slowly. At any point, the difference in the situation was never dramatic enough to create a sense of urgency. Yet over time it […]

The Courage To Say No

Tony Blair, the former British prime minister, said “Leadership is the art of saying no. Saying yes is easy.” Given limited resources, every yes is a no to something else. Good decision makers always weigh what they are saying no to whenever they say yes. It is wise to make explicit the opportunity cost of […]

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