"Some of our best-known leaders in business and industry are actually very intelligent people, but they make very unintelligent decisions. I think the explanation of this paradox lies in the decision-making institutions. I believe that our institutions are stupid, because they're obsolete, and you could put teams of geniuses to work in those institutions and the results would still be stupid."
From an interview by Charles Platt in the book "Dream Makers 2" forty years ago.
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