{"id":1948,"date":"2007-09-18T16:49:20","date_gmt":"2007-09-18T23:49:20","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=1948"},"modified":"2007-09-19T00:27:37","modified_gmt":"2007-09-19T07:27:37","slug":"no-committee-will-ever-make-the-cluetrain-run-on-time","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1948\/no-committee-will-ever-make-the-cluetrain-run-on-time\/","title":{"rendered":"No committee will ever make the Cluetrain run on time"},"content":{"rendered":"

Proposition 1: Groups, clubs, committees and professional associations would make better decisions if their smarter, more passionate members were to get involved.<\/p>\n

Proposition 2: Central banking would work if only Alan Greenspan had a smarter brother.<\/p>\n

Proposition 3: True<\/i> Communism has never been tried.<\/p><\/blockquote>\n

I don’t consider these statements equivalent, but they are of the same species, the Wishful Thinking Fallacy<\/a>.<\/p>\n

Inasmuch as we are living through the nightmare of Proposition 2, one might think we could learn a lesson. We won’t, and every eye was on the Fed this afternoon.<\/p>\n

Parents who wrote a fat check for a skinny college Freshman in August can expect the return on their investment in the form of Proposition 3 over Thanksgiving dinner.<\/p>\n

From Proposition 1, though, there is not even the comic relief of a sardonic resignation. We want so desperately for it to be true that we will not even consider entertaining the obvious truth that all committees suck, and good committees suck the least when they adjourn early.<\/p>\n

These three propositions are alike in another way, a way that illustrates why they are uniformly false, any devout wishing to the contrary: All three turn on a power devoid of consequences. They are fundamentally anti-Capitalist. Their errors are not correctable accidents, they are a necessary consequence of the caprice that is the opposite of Capitalism<\/a>:<\/p>\n

But in fact, in politics and economics, the opposite of capitalism is caprice. A government\u2019s decisions are not awful because they are always corrupt \u2014 although they often are. They are awful because there is no reward for being right, no penalty for being wrong, and no one anywhere to take responsibility for anything either way.<\/p>\n

Capitalism is not instantly<\/i> rational \u2014 it is not always automatically right about what to do, where and in what quantity. But capitalism is ultimately<\/i> rational. In due course, entrepreneurs will achieve something approaching optimal results. Why? Because they are rewarded for being right, penalized for being wrong, and they are proud to take responsibility for their endeavors.<\/p><\/blockquote>\n

Matthew Hardy left what I thought was a brilliant comment to my post on technological ineptitude at the Arizona Association of Realtors:<\/a><\/p>\n

So the Read more<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Proposition 1: Groups, clubs, committees and professional associations would make better decisions if their smarter, more passionate members were to get involved. Proposition 2: Central banking would work if only Alan Greenspan had a smarter brother. Proposition 3: True Communism has never been tried. I don’t consider these statements equivalent, but they are of the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[24,6,5,30],"tags":[],"class_list":{"0":"post-1948","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-egoism-in-action","7":"category-marketing","8":"category-real-estate","9":"category-supplanting-the-nar","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":9034,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9034\/repeal-proposition-13-or-file-chapter-13-to-be-california-leftist-politicians-cry\/","url_meta":{"origin":1948,"position":0},"title":"“Repeal Proposition 13 Or File Chapter 13 !” To Be California Leftist Politicians’ Cry","author":"Brian Brady","date":"June 28, 2009","format":false,"excerpt":"I've been critical of California's Proposition 13 because of its progressive nature. It penalizes immigrants and younger families to favor older, wealthier nativists.\u00a0 Howard Jarvis' intent was to stop the California's Legislature from its runaway spending; the Legislature did no such thing. In fact, the California Legislature has increased spending,\u2026","rel":"","context":"In "Big Mother"","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8967,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8967\/is-excess-still-a-value-proposition\/","url_meta":{"origin":1948,"position":1},"title":"Is Excess Still A Value Proposition?","author":"Brian Brady","date":"June 24, 2009","format":false,"excerpt":"","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11449,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/11449\/agent-face-value-proposition\/","url_meta":{"origin":1948,"position":2},"title":"Agent Face Value Proposition?","author":"Ryan Hartman","date":"March 2, 2010","format":false,"excerpt":"Just for fun, sorta :)","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2010\/03\/Picture-68.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":11167,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/11167\/the-vendorslut-proposition\/","url_meta":{"origin":1948,"position":3},"title":"The Vendorslut Proposition","author":"Tom Johnson","date":"February 4, 2010","format":false,"excerpt":"Sign this contract with us, and we will deliver fresh leads right to your in-box! The cost? Well, the cost is more than covered by just one deal! Can you afford not to take advantage of this? Should we bill you on the 1st or the 15th of the month?","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13298,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/13298\/failing-up-the-big-secret-to-the-secret-to-success-is-this-the-secret-is-completely-obvious-to-everyone\/","url_meta":{"origin":1948,"position":4},"title":"Failing up: The big secret to “the secret to success” is this: The “secret” is completely obvious to everyone.","author":"Greg Swann","date":"September 22, 2010","format":false,"excerpt":"I got a speeding ticket today. Oops. The other week, I had what could have been a nice real estate transaction fall apart because I skipped a fundamental step, thinking it unnecessary, only to trip on it later. Worst of all, a new software project I've been working on is\u2026","rel":"","context":"In "Egoism in Action"","block_context":{"text":"Egoism in Action","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/egoism-in-action\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7505,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/7505\/just-because-youre-more-visible-doesnt-mean-youre-more-valuable\/","url_meta":{"origin":1948,"position":5},"title":"Just Because You’re More Visible Doesn’t Mean You’re More Valuable","author":"Thomas Hall","date":"March 17, 2009","format":false,"excerpt":"What really is the role of technology in real estate today?\u00a0 So much of the discussion regarding the evolution and use of technology today seems to be centered on SEO - what ever you do, make sure Google finds you. You have a blog or website.\u00a0 It has super SEO\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=1948"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1948\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=1948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=1948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=1948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}