Pratical Wisdom vs Bureaucracy
Barry Schwartz says rules and incentives are an “insurance policy against disaster, but [they don't] produce excellence.” In the recent book, Practical Wisdom: The Right Way to Do the Right Thing, Schwartz and co-author Kenneth Sharpe, also a Swarthmore professor, say what is needed is not more bureaucracy. Instead, society needs the Aristotelian ideal that trumps all others — practical wisdom.http://www.farnamstreetblog.com/2012/12/practical-wisdom/
PS I am not sure rules & incentives are an insurance against disasters, perhaps they can avoid small mistakes but they can contribute to a big disasters. Once you follow the rules and stop thinking anything can happen.
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