Thursday, January 04, 2007

New Yorker article of interest re the use of information

I found Open Secrets by Malcolm Gladwell in this week's New Yorker an interesting read on the use of information relating to a number of events, including Enron and Iraq. I liked this paragraph: "Mysteries, though, are a lot murkier: sometimes the information we’ve been given is inadequate, and sometimes we aren’t very smart about making sense of what we’ve been given, and sometimes the question itself cannot be answered. Puzzles come to satisfying conclusions. Mysteries often don’t."

I think his explanations of special entities, and the complex nature of many business transactions, as well as mark to market accounting are easy to understand (At least I think I understand them.)

No comments: