Clayton Christensen: How Pursuit of Profits Kills Innovation and the U.S. Economy (Forbes)

I have been saying for decades that business schools, essentially, mostly just teach the brethren how to cook the books in a mostly legal way. Going through several MBA courses, nothing really conflicted with that assertion. Economics should be more than an academic thought experiment. Paper profits are rarely durable.

Wall Street analysts have outsourced their brains.

“They still think they are in charge, but they aren’t. They have outsourced their brains without realizing it. Which is a sad thing.”

via Clayton Christensen: How Pursuit of Profits Kills Innovation and the U.S. Economy – Forbes.