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...Last thing: Have you been traded during this discussion? Or are you still in Miami? [Laughs.] Yeah, yeah, I'm all good...
...this in a field that prides itself on being lean and empirical. If you look at the way we lived as consultants, the last thing we were was lean. As far as empirical, we were so far from anything you could call science it was hilarious. The shocking thing is not that we have people with business degrees, it's that we have so many - we have 140,000 M.B.A.s coming out every year. Why not have 20,000, the way we did 40 years...
...basically every interaction you had was related to your job. That sounds miserable. It's very miserable. There were about two years when I literally paid no rent anywhere in the world. Everyone's a contact, but there's no real human interaction. That's a very wearying thing. (Read TIME's Curious Capitalist blog...
...what we were doing was not intrinsically bad, though we were charging too much. Over time I started to feel a lot worse about it. I really wanted to get out, but I had invested so much in the [new consulting firm]. It was a tricky and morally ambivalent thing, especially toward the end. (Read a story from 1957: "Management Consultants: Good Medicine for Ailing Companies...
...Bush. But despite some progress on issues such as arms control and Afghanistan when U.S. President Barack Obama visited Moscow in July, it's back to business as usual for Russia with its neighbors, as it tries to assert its authority despite the U.S.'s disapproval. "The one thing that could most endanger the reset policy would be really bad Russian behavior in the post-Soviet states," says Steven Pifer, a former U.S. ambassador to Ukraine and now a visiting fellow at the Brookings Institution in Washington, D.C. "The Russians don't want to recreate the Soviet Union, but they...