4 ms·
MBA thinking aka "looting everything that isn't bolted down" and "gaming some metric to make yourself look good" is arguably worse than not having a free market
by scottlocklin 8y ago
MBA thinking aka "looting everything that isn't bolted down" and "gaming some metric to make yourself look good" is arguably worse than not having a free market. It's funny, one of my historical bugaboos was the looting of Russia (aka US "economists" like Summers and Shleifer and allied oligarchs looting their economy), but if you look at what was going on in the US during the same period ... same thing. The US didn't do things like privatize LBNL and turn it into a disco, but I'm pretty sure there were people who would have argued for it.