Who Moved My Bar Stool
I love Who Moved My Cheese. Some manager gave it out when Schwab was doing a big round of lay-offs once. I just picked up a hilarious story about Bar Stool Economics that reminded me of the book and the importance to think through change and opportunity. It’s a great five minute read and is called Bar Stool Economics.
February 24, 2008 at 11:27 pm
I too love who moved my cheese; but this Barstool economics had me laughing my ass off.
I think that it really sums it all up quite nicely. Brilliant…
February 25, 2008 at 3:44 pm
Interesting.
I strongly suspect the numbers are entirely wrong, inasmuch as the marginal income tax rate for those in the top decile of the income distribution is nowhere near 59%. I dare say it is closer to 25%, since for such people, much of their income derives from capital gains, which are taxed at a lower rate than ordinary income would be for the same people.
Of course, the whole strength of this little polemic lies in its conflation of population and individual statistics.