The news has been rough: the terrorists’ massacre at Charlie Hedbo’s; a bomb going off outside the NAACP in Colorado Springs – heaven forbid we bring up Ferguson or the cop killings in New York. To add to these stories, I also read a news story about a Florida man throwing his five-year-old daughter off a bridge. After the initial feeling of mortification, I read some of the readers’ comments. I was even more mortified by those. They were obviously not comments by people exercising critical thinking. All comments initially centered around how terrible the man was, how he should be killed, etc. Continue reading
A quote from Jurassic Park has stuck with me over the years (we won’t count how many): “[You] were so preoccupied with whether [you] could that [you] didn’t stop to think whether [you] should.” Oftentimes I associate it with potential avenues we could venture down in science, and I realized this can relate to companies as well.
The story of Mr. Nobel, the newspaperman, is probably a good depiction here. The story goes that Nobel wanted to increase his newspaper profits. He decided that he couldn’t raise the cost of his paper any more than it already was, or it wouldn’t be profitable. How else do you increase profits if you can’t raise price? Decrease cost. He did this by increasing the cost to the newsies (boys who stood on the street and sold the newspapers). I’m sure the scenario went something like this: “Mr. Nobel, sir, if you want to make more money, we could charge the newsies an extra 1/5 a cent per paper.” You could, but that doesn’t mean you should. The result? A non-union strike.