Category: Collaboration Zones

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Art Kleiner: The Felt-Fair Economy and the Future of Economic Confidence

Commercial Intelligence, Cultural Intelligence

THE FELT-FAIR ECONOMY AND THE FUTURE OF ECONOMIC CONFIDENCE

By Art Kleiner

Introduction

In the 1940s, Elliott Jaques – an eminent and original organizational theorist, and the person who coined the terms “corporate culture” and “midlife crisis” – introduced a management metric he called “felt-fair pay.” He interviewed thousands of employees at hierarchical organizations around the world, such as armies and manufacturing companies, asking not what they earned, but what they thought everyone in their workplace should earn if the pay scales were fair. To his surprise at first, there was close to 95% agreement. People all had the same idea of what they and their colleagues were worth.

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Ed Jewett: Cass Sunstein as Catholic Inquisition 2.0? Robert Steele: Is Cass Sunstein the Most Fucked Up Piece of Shit Serving the Deep State?

Cultural Intelligence, Offbeat Fun, Officers Call

“Harvard’s Sunstein Joins Biden’s DHS to Shape Immigration Rules” [Bloomberg]. “Former Obama administration official Cass Sunstein on Monday joined the Department of Homeland Security, where President Joe Biden is moving rapidly to roll back Donald Trump’s immigration policy priorities. Sunstein is a senior counselor who will be responsible for making sure that the rules put forward by the department and its agencies are based on evidence and consistent with the law, an administration official said. Sunstein, a law professor at Harvard University, was administrator of President Barack Obama’s Office of Information and Regulatory Affairs from 2009 to 2012. His work with Biden goes back three decades to when Biden was the top Democrat on the Senate Judiciary Commission and Sunstein weighed in on judicial nominations and constitutional interpretation.” • Ugh. Can Rahm Emmanuel and Larry Summers be far behind? Sunstein is co-author of this interesting article from 2008 (PDF): “Conspiracy Theories.” The Abstract contains this nugget: “Because those who hold conspiracy theories typically suffer from a crippled epistemology, in accordance with which it is rational to hold such theories, the best response consists in cognitive infiltration of extremist groups.”  Source

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