Institutional Failure as Surprise | Samo Burja
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Institutional Failure as Surprise | Samo Burja
Education is an institution that has been growing without external stressors; eventually the thing will collapse.
Nassim Nicholas Taleb • Incerto 4-Book Bundle
Another change has been the abject failure of leaders to govern as if outcomes matter. Leaders who can’t identify objectives, exercise authority, and get results—who are forever redefining what they are there to do—invite contempt for their office. Institutions struggling to fulfill their core function are taking on vast new tasks at which they hav
... See moreNeil Howe • The Fourth Turning Is Here: What the Seasons of History Tell Us about How and When This Crisis Will End
A biologist observed that “when a territory holder is challenged by a rival, the owner almost always wins the contest—usually within a matter of seconds.” In human affairs, the same simple rule explains much of what happens when institutions attempt to reform themselves, in “reorganizations” and “restructuring” of companies, and in efforts to ratio
... See moreDaniel Kahneman • Thinking, Fast and Slow
People worry about culture because they know it sets the agenda for the future.
And who wouldn’t want to be in charge of that?
Wall Street and the City held the crown through economic dominance, regulatory capture, and cultural philanthropy. They faltered in 2008 and never regained their pre-crisis legitimacy. The presumptive heir to the throne, th
... See more