Tag Archives: business

What Causes the Relative Inefficiency of the Public Sector?

Private organisations die when they run out of money. Public organisations don’t need to worry about running out of money directly. When considering their behaviour and efficiency, is there a more important difference between them? I suggest that any observed differences in efficiency may be due only to survivorship bias, rather than superior management.

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Workplace Stupidity

Don’t get get the message, it will make you stupid.

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