Or indirectness of means is a subject to which it turns out I’ve given a lot of thought over the years going back at least to Charles Lindblom’s attacks from the 1960s on upon what he called the ’synoptic’ method of policy decision making by imagining that one could automate the process into a kind of giant cost-benefit analysis. I had a (rather inarticulate) crack at some of the issues here. I’m pleased to see that the very terrific John Kay has now written a book about it using a wealth of illustrations from his extensive knowledge of history of various corporates with which he’s been engaged, or which he’s studied. Read more »


Or perhaps you’d like it in blue. Blue we can do. 

Lots of readers of this blog will be regular readers of Tyler Cowen. I’m not, but that’s just my taste. He often has interesting things to say and there are just too many such people in the blogosphere so he’s not on my feedreader. Anyway, Tyler Cowen is often a good read and a thoughtful guy. When I was killing some time in an international airport last year I came across a hardback copy of the newly released Create your own economy: the path to prosperity in a disordered world by the said T Cowen. 


Justin Madden – boofhead, retired AFL hero, Labor Minister and perhaps soon to be unwitting definer of the bounds of Westminster democracy


Serving it up to the hyperconnected generation