5/14/12

Accountability

"Saying it's not your fault you crashed the ship into the rock
because the rock was underwater and hidden
nobody could have seen it coming loses its force
when you are navigating in waters that are known to be rocky.

Even if you have the latest sonar based upon fancy, innovative math
that is supposed to detect the rock before you hit it
and even if regulators were supposed to clearly map and mark all danger
if you hit it anyway,
there's a reason why captains are expected to go down with
or at best be the last ones off – the ship.

It ensures they'll do all they can to avoid hitting it in the first place."

Mark Thoma
The Professionals are not being Held Accountable
Economists View

Don’t say you can if you can’t, say you’re going to and not,
be a very good bad example, think you know what you don’t,
do what you don’t understand,
sacrifice future unhappiness for an unnecessarily pleasant present,
underestimate irrationality, offend many to benefit few,
and not hold yourself and others accountable.

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