The McNamara fallacy: Measurement is not understanding

Re:The McNamara fallacy: Measurement is not understanding by ren_engineer on Tuesday February 01, 2022 @07:04PM (#30171637)

this is basically the micro example behind the deindustrialization of the United States. Mitt Romney type corporate raider MBAs outsourcing everything to China for cost savings to maximize short term profit

expand this over 50 years by 1000s of similar groups of people doing the same thing and you go from the "Arsenal of Democracy" to begging China for masks and ventilators

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Re:The McNamara fallacy: Measurement is not understanding by gen220 on Wednesday February 02, 2022 @12:40AM (#30174165)

An oldie that may be an interesting read for those who have had similar thoughts: https://www.theatlantic.com/magazine/archive/1993/12/how-the...

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Re:The McNamara fallacy: Measurement is not understanding by AmpsterMan on Wednesday February 02, 2022 @12:18PM (#30180578)

What a fascinating article. Thank you for sharing!

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Re:The McNamara fallacy: Measurement is not understanding by throwawaylinux on Wednesday February 02, 2022 @03:49AM (#30175261)

That, and the industrial base lobbying to allow "free trade" and subsidize expansion into countries which have high levels of corruption, low environmental protections and worker's rights.

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Re:The McNamara fallacy: Measurement is not understanding by rob_c on Tuesday February 01, 2022 @08:28PM (#30172309)

Not just America unfortunately.

People at the very top unfortunately now listen to the bean counters far too much.

This really does make social problems of an us vs them sort when all of the money manages to drift up with only the false promises of altruism at charity galas being the sign of any of the generated wealth making its way back down to the workers...

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