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...After researching more than 750 major business failures in great depth, we came to the conclusion that humans are wired for poor decision-making," says Chunka Mui, a co-author of Billion-Dollar Lessons. "Ego, sunk costs, emotions, self-interest, etc., lead to blind spots. The not-so-intelligent have the same issues, it's just that the stakes are lower...

Author: /time Magazine | Title: When Fixing Government, Beware of the Brainiacs | 4/29/2009 | See Source »

...Examples from Socrates to Sherlock Holmes teach us from an early age that smart people master their emotions and suffer no blind spots. Classic economic theory extends this fallacy, says Duke University's Dan Ariely, by maintaining that people and institutions rationally "weigh the costs and benefits of every decision in order to optimize the outcome...

Author: /time Magazine | Title: When Fixing Government, Beware of the Brainiacs | 4/29/2009 | See Source »

Road trips with Harry were wonderful. One time, in San Francisco, Harry took it upon himself to approach a blind woman and belt out Sinatra's "High Hopes," which became Harry's signature song. It was so uplifting, the woman cried. Few words uttered by Harry Kalas fell on deaf ears...

Author: /time Magazine | Title: Harry Kalas | 4/27/2009 | See Source »

...public will be presented with unbiased representations of Boyle and Jafargholi’s talent, is to be naïve. And isn’t that what great television accomplishes—instilling in us the belief that something is real, allowing us to access the joy that blind belief affords?The real battle in British television is not between the contestants and the judges, nor is it even between the contestants themselves. The real battle is a war against our better judgment, a struggle to convince us that a woman can emote a love ballad without ever having...

Author: By Ruben L. Davis, CRIMSON STAFF WRITER | Title: What ‘Britain’s Got Talent’ Truly Boyles Down To | 4/24/2009 | See Source »

...Newsom married Jennifer Siebel, a 34-year-old actress he had met on a blind date who had previously dated George Clooney...

Author: /time Magazine | Title: San Francisco Mayor Gavin Newsom | 4/23/2009 | See Source »

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