Yes, economists Inflation vs law of supply and demand. Seemingly one cannot have negative inflation yet supply and demand says prices can fall. Errrr?

Seems like we can’t hear feedback nor can we see obvious contradictions in our theories and change our behaviour. Poor old excellence stands no chance in such a situation.

In theory – or, more accurately in the delusion-riddled minds of economists and their acolytes – the Free Market ensures that customers get what they’re asking for. In practise, of course, that almost never happens. Which for me points to the bankruptcy of economic theory.

Feedback? Who’s listening?

– Bob

Some irony in that as feedback is an aspect of engineering excellence and indeed meaningful relationships inside and outside of an organisation. You know, the sort of thing that might lead to a variety of “success”.