enthalpy

Sunday, July 30, 2006


Interesting article on the current problems with Airbus, even if it does devolve into psycho-babble towards the end.
Now Airbus’s woes are being held up as proof that it is, in the words of one columnist, “a textbook example of how not to run a commercial enterprise.” The Wall Street Journal explained that Airbus was failing because of its “politicized management,” while the Times suggested that Airbus had to decide whether it was a company or a European “employment project.”

Because we underestimate how much variation can be caused simply by luck, we see patterns where none exist
Well, no. Providing customers with what they want cheaper than the other guy has nothing to do with luck. Guessing what they want is, luck, but there's plenty of evidence that shows that people would rather get in a mid-sized airliner than a super-jumbo that holds 550 people. That's just stupid.



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