Just completed a number of meetings and discussions among thought leaders in the area of complex project management this week, and I was struck by a number of zombie ideas in project management, especially related to information, that just won’t die. The use of the term zombie idea is usually attributed to the Nobel economist Paul Krugman from his excellent and highly engaging (as well as brutally honest) posts at the New York Times, but for those not familiar, a zombie idea is “a proposition that has been thoroughly refuted by analysis and evidence, and should be dead — but won’t stay dead because it serves a political purpose, appeals to prejudices, or both.”
(more…)information economics
Highway to the (Neutral) Zone — Net Neutrality and More on Information Economics
Net Neutrality was very much in the news this week. First, the President came out in favor of Net Neutrality on Monday. Then later in the week the chair of the FCC, Tom Wheeler, who looked like someone caught with his hands in the cookie jar, vacillated on how the agency sees the concept of Net Neutrality. Some members of Congress have taken exception.
(more…)Family Affair — Part III — Private Monopsony, Monopoly, and the Disaccumulation of Capital
It’s always good to be ahead of the power curve. I see that the eminent Paul Krugman had an editorial in the New York Times about the very issues that I’ve dealt with in this blog, his example in this case being Amazon. This is just one of many articles that have been raised about the monopsony power as a result of the Hatchette controversy. In The New Republic Franklin Foer also addresses this issue at length in the article “Amazon Must Be Stopped.” In my last post on this topic I discussed public monopsony, an area in which I have a great deal of expertise. But those of us in the information world that are not Microsoft, Oracle, Google, or one of the other giants also live in the world of private monopsony.
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Life, Project Management, and Everything 