The real crisis? We stopped being wise!

Barry Schwartz makes a passionate call for practical wisdom as an antidote to a society gone mad with bureaucracy. He argues powerfully that rules often fail us, incentives often backfire, and practical, everyday wisdom will help rebuild our world.



Organizations should structure themselves to support rather than suppress practical wisdom.

If we are capable to live according to our moral will and moral skill and suppress the moral hazard we are in my humble opinion back on the right track.

What we often do when things go wrong, we reach for two tools rules or incentives. Neither rules or incentives are enough to do the job. Practical wisdom will do!

In Schwartz's estimation, freedom of choice has made us not freer but more paralyzed, not happier but more dissatisfied.

Warm regards,

André Biester MFE
Boekhorstlaan 12
7241 SJ Lochem

T (0573) 257155
M (06) 10041420
E info@bureaubiester.nl
I www.bureaubiester.nl

Helping entrepreneurial people with important cross-roads and finance matters in work and life.

Ondernemende mensen helpen bij kruispuntmomenten en financieringsvragen in werk en privé.

Eric Sutherland

ericsutherland1-131530

The real crisis? We stopped being wise!

Hi Andre, I live by "Always looking on the bright side of life" and overcoming any problems by either sitting and thinking them out or going for a walk to clear my thoughts and then decide if I have one or more options and what to do first then becomes easy. The people that need morals more than any one are Investment Bankers and all board members of Goldman Sachs need to follow Adam Smiths book the Theory of Moral Sentiments and it should be mandatory with annual testing online and results to the regulator. Since the credit crunch Investment Bankers must be so far down, they will have to start again. Regards Eric

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Andreas Wiedow

andreas_wiedow

The real crisis? We stopped being wise!

Fits perfect my this year's motto . . . Sage . . .

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Andre Biester

andrebiester-542547

The real crisis? We stopped being wise!

Today I saw a quote I would like to share with you: The intuitive mind is a sacred gift and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift. Thank you Albert Einstein for this wisdom!

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Chris White

chriswhite9-602738

The real crisis? We stopped being wise!

Andre, Thank you for sharing this very interesting lecture with us. I totally agree with the speaker

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Carolyn Williams

carolynwilliams-253741

Encouraging recovery

Celebrating Wisdom So inspiring and comforting Being happy about doing the right thing. Unfortunately I've seen loads of procedures that render (in this case nurses and local health authorities ) robotic which does little to reassure healing and calmness. Forever learning and teaching I wrote this Business : It is how you talk to patients that matter! in the hope it might raise awareness that procedures are guidelines but encouraging recovery is the ultimate end result and for our economy.

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Sam Borrett

samborrett-372470

The real crisis? We stopped being wise!

Andre, Sound advice but people will ignore usually as they have to make their own mistakes. Who ever listened to parents or school teachers really? The problem with more money is more choice and most of us lack the wisdom to make the appropriate choices when we have the money. It is not a question of which system is the proper system as all systems are faulty because "MAN, " is the common denominator and how can a system be perfect when the architect is ignorant of all the implications and unconscious as a human being...in the exact sense of the word, "unconscious?" We all have desires that exceed our needs otherwise the problem would be simple. However it is not a simple problem, which is why each society keeps repeating their own mistakes. IMO. Sam

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Stuart Chalmers

stuartchalmers-309448

The real crisis? We stopped being wise!

Very good. Common sense put simply. In principle I also agree with Alan Bowman. Many peoples perceptions did change during the 80's and not for the better. Best Regards Stuart

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Lucas Wyrsch

lucas_wyrsch

The real crisis? We stopped being wise!

Dear Andre, Thank you so much for this great TED presentation about virtue, wisdom and experience. It's true that we have to do the right thing right! It's also true that we have to behave as enlightened! Sapere aude! Have a wonderful and happy New Year! Best, Lucas

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Sigrid de Kaste

sigridde-kaste-382534

The real crisis? We stopped being wise!

I venture to suggest practical, everyday wisdom is acquired over time.....and some people find it harder than others to ever learn .... "Organizations should structure themselves to support rather than suppress practical wisdom" ...that sounds great....some organizations practice it...in fact, it can be put in place much easier in a small business and I've seen these things emerge when done: business owner, manager and staff work as a team customers keep coming....and buying ....the challenge in a small business:.....for the business owner to take it on board....the practical, everyday wisdom.... Cheers .

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Geoff Kirkwood

geoffkirkwood-178484

The real crisis? We stopped being wise!

Couldn't agree more. Because of "rules" a local council here in Australia is suing a resident - for $1.1 million - who built a "cubby house" for his children.... because he didn't lodge a building permit.

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Ronald P Matonti

ronald-pmatonti1-626949

The real crisis? We stopped being wise!

What utter nonsense! We stopped being wise when bush jr. allowed unbridled capitalism to almost completely destroy our nation and we were saved by a brilliant Harvard scholar from a 2nd Great Depression. Corporations and capitalism are inherently evil as they have as their god the almighty dollar and no consideration whatsoever for people. What we need is more socialism and control of the corporations that are now trying to control our government and have turned many of our representatives into fascists thru graft and payola and lobbyist payoffs. Comrade Ron

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RealSteveHolmes Fading away soon

cvsage-38854

The real crisis? We stopped being wise

I have always felt at my best and most thrilled by life when there was no choice whatsoever what must be done next in order to survive. The exercise of choice is merely the elimination of several options you can'y imagine the nature of and retaining one or two. I loathe seeing parents ask their children: "What do you want for dinner tonight? Thai? Italian? Spanish? Chinese?" It simply make me puke. Children will do whatever their mums and dads want to do, providing they have decent mums and dads. There is no need for 25 different mid market family saloon cars; one that works would do. READ MORE AT TAKE HEART

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Andre Biester

andrebiester-542547

The real crisis? We stopped being wise: Interview Barry Schwartz

Met hartelijke groet, André Biester MFE Boekhorstlaan 12 7241 SJ Lochem T (0573) 257155 M (06) 10041420 E info@bureaubiester.nl I www.bureaubiester.nl Helping entrepreneurial people with important cross-roads and finance matters in work and life. Ondernemende mensen helpen bij kruispuntmomenten en financieringsvragen in werk en privé.

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Andre Biester

andrebiester-542547

Technology of Ideas TEDxAmsterdam

As we adjust to the reality of ever-advancing technology (owning or carrying four high-tech devices and participating in two or three social networks at any given time), and to the science behind the technology (the "thing technology"), Schwartz points out there is a more illusive adjustment we need to consider - to the "idea technology", that is - the concepts that are created and evolve as modern science advances. While "thing technology" only impacts our lives if they actually work, Schwartz warns us about the long lasting impact of "idea technology", since it can have a profound effect even when it is faulty, or based on false ideas (and that is what he defines as "ideology"). But shouldn't false ideas die of 'natural causes', the same way that faulty technology does? Unfortunately that's not the case. For example why do people work? People need incentives, but it seems that money is the only valid one these days. Yet when we say about someone 'he's just in it for the money' it shows a lack of respect for their motives… so why do we embrace it? That is the "incentive theory of everything," where making a specific incentive relevant makes its recipient crave for its fulfillment - such as replacing work satisfaction solely with financial incentive. Warm regards, André Biester MFE Boekhorstlaan 12 7241 SJ Lochem T (0573) 257155 M (06) 10041420 E info@bureaubiester.nl I www.bureaubiester.nl Helping entrepreneurial people with important cross-roads and finance matters in work and life. Ondernemende mensen helpen bij kruispuntmomenten en financieringsvragen in werk en privé.

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Katie-Ellen Hazeldine

katieellenhazeldine-186355

The real crisis? We stopped being wise

Moral will and moral skill, like it, and employ jobsworths where they can do least harm with their lack of social wit. www.truetarot.co.uk

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Alan Bowman

alanbowman-330504

The real crisis? We stopped being wise

"Rules are for the Obedience of Idiots and the guidance of wise men" I was once told in the 60's when I carried a Queens Commission and discretion comes with power and responsibility in the use of discretion was what set true leaders apart in their use of power. Now it is all about me me me as since the 1980's the no such thing as society bug has taken hold and individuals young and old take whatever they can and the young have lost respect for many in society as they see the so called great and good taking what they want anyway they can. So what to do about this is a very interesting question for us all to ponder upon and thanks for this blog and video which might just make a difference to some, one hopes.

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