Is there data on the quality of management decisions?

Re:Is there data on the quality of management decisions? by philipov on Tuesday December 05, 2017 @01:47PM (#15854443)

4. Markets aren't actually efficient because they are stacked in favor of incumbents through their ability to lobby for anti-competitive legislation, as can be seen with the perversion of the copyright and patent systems.

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Re:Is there data on the quality of management decisions? by Spooky23 on Tuesday December 05, 2017 @06:09PM (#15856986)

Markets aren’t going to deliver best value to anyone without being forced to.

Eventually, every company wants to own the market, and convincing government to do so is a key part of that strategy. The invisible hand sometimes is holding a visible club.

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Re:Is there data on the quality of management decisions? by mulmen on Tuesday December 05, 2017 @04:21PM (#15856120)

The mistake you made in this example is attributing an action in the legislative system as a failure in the market.

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Re:Is there data on the quality of management decisions? by philipov on Tuesday December 05, 2017 @04:41PM (#15856289)

I am saying the opposite: the market becomes less efficient as a result of legislative capture. But it is a feedback loop, so attributing the dynamics to simple cause and effect is not appropriate.

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