http://managingleadership.com/blog/2007/02/12/the-road-to-serfdom-for-managers/ The strategic role of the senior executive Thu, 20 Nov 2008 13:36:06 +0000 http://wordpress.org/?v=2.6.1 http://managingleadership.com/blog/2007/02/12/the-road-to-serfdom-for-managers/#comment-7755 Demagoguery and debate | Managing Leadership | Managing Leadership Fri, 12 Sep 2008 13:06:29 +0000 http://managingleadership.com/blog/2007/02/12/the-road-to-serfdom-for-managers/#comment-7755 [...] for more on this angle, as well as this one of F.A. Hayek’s “The Road to Serfdom” and this one, directed specifically to managers, of the same [...] [...] for more on this angle, as well as this one of F.A. Hayek’s “The Road to Serfdom” and this one, directed specifically to managers, of the same [...]

]]> http://managingleadership.com/blog/2007/02/12/the-road-to-serfdom-for-managers/#comment-1495 What the recent Noble Prize for Economics has to teach managers | Managing Leadership Mon, 22 Oct 2007 09:58:01 +0000 http://managingleadership.com/blog/2007/02/12/the-road-to-serfdom-for-managers/#comment-1495 [...] In his classic work, The Road to Serfdom, F.A. Hayek made the argument for the advantages - indeed, the necessity - of classical liberal capitalism over the forms of centralized economic planning that were distressingly popular in Europe after World War II. In one of my reviews of this book, I tried to explain why I thought it was essential reading for managers. [...] [...] In his classic work, The Road to Serfdom, F.A. Hayek made the argument for the advantages - indeed, the necessity - of classical liberal capitalism over the forms of centralized economic planning that were distressingly popular in Europe after World War II. In one of my reviews of this book, I tried to explain why I thought it was essential reading for managers. [...]

]]> http://managingleadership.com/blog/2007/02/12/the-road-to-serfdom-for-managers/#comment-957 Book Review: The Black Swan | Managing Leadership Fri, 13 Jul 2007 09:45:01 +0000 http://managingleadership.com/blog/2007/02/12/the-road-to-serfdom-for-managers/#comment-957 [...] But Taleb's purpose isn't merely to confront hubris, or even individual initiative and contribution; he merely wants to show us that the best way to protect ourselves from disaster, or to position ourselves to benefit from sudden opportunity, is to be, as he puts it, not a hedgehog, but "a fox with an open mind." He finds support in another thinker who we have reviewed on these pages (here and here), F.A. Hayek: "For Hayek, a true forecast is done organically by a system, not by fiat. One single institution, say, the central planner, cannot aggregate knowledge; many important pieces of information will be missing. But society as a whole will be able to integrate into its functioning these multiple pieces of information. Society as a whole thinks outside the box." [...] [...] But Taleb’s purpose isn’t merely to confront hubris, or even individual initiative and contribution; he merely wants to show us that the best way to protect ourselves from disaster, or to position ourselves to benefit from sudden opportunity, is to be, as he puts it, not a hedgehog, but “a fox with an open mind.” He finds support in another thinker who we have reviewed on these pages (here and here), F.A. Hayek: “For Hayek, a true forecast is done organically by a system, not by fiat. One single institution, say, the central planner, cannot aggregate knowledge; many important pieces of information will be missing. But society as a whole will be able to integrate into its functioning these multiple pieces of information. Society as a whole thinks outside the box.” [...]

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