On May 11, 2008, at 4:33 PM, Doyle Saylor wrote:
Greetings Economists,
On May 10, 2008, at 9:12 PM, ravi wrote:
Oh, those were fun days! Luckily for me, I didn't come across
someone who could have exposed my own ignorance(s).
Doyle;
An oft told tale of the clash between research and practice
sciences. I personally trust the research people more.
Doyle,
thank you for the comments. With regard to the above part, with the
Goldman Sachs person, my beef was that I did not even see it as he
presented it: a dichotomy between research and practice. Instead it
was more an instance of someone who was simply an arsehole making a
lot of money and therefore being validated among his peers on Wall
Street as some sort of genius. The environment I came from, with all
its politics and inefficiencies (but also its culture of knowledge
seeking, collaboration and lower regard for monetary/material reward),
produced both the research and the products that parasites like him
lived off of.
A similar process occurs with every tech start-up I have been in. At
some stage in its evolution, you "need" to hire a bunch of arseholes
for "management"... why? The proffered reason is that these are the
geniuses who know the real world and how to sell a product. The truth
is that you need these clowns because there are corresponding clowns
who function as roadblocks in other organisations that you need to
interact with. So its a sort of hafta payment...
--ravi
_______________________________________________
pen-l mailing list
pen-l@lists.csuchico.edu
https://lists.csuchico.edu/mailman/listinfo/pen-l
