“The First Law of Management: Kickbacks must always exceed bribes”
"Kickbacks must always exceed bribes" has been described as "The First Law of Management" or "The Hidden Truth of Management." John Peers collected the saying in 1978…
Archive for 08/2010
“‘Acceptable level of unemployment’ means the government economist has a job” (Nowlan’s Truism)
"An 'acceptable level of unemployment' means that the government economist to whom it is acceptable still has a job" was given as 'Nowlan's Truism" in 1978 and…
Security Mom
The name "security mom" was first used by Delaware Senator Joe Biden, cited in print since a least January 28, 2003. Biden had said that since the September 11, 2001 terror attacks in…
“The First Law of Economists: For every economist, there exists an equal and opposite economist”
"The First Law of Economists" (or "The First Law of Economics") has been jokingly given a "Newton's Third Law of Motion" spin: "For every economist, there…