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That may cover cheap courses in bad universities, but will not pay for expensive teaching in good ones.
In good ones they can be a way of ensuring that managers devote serious strategic thinking to serious possible risks.
There is simply not enough room for a lot of money in hedge funds, or at least not in good ones.
Now that everyone has a phone and calls are cheap, polling organizations have blossomed, and each such example of bad polls risks undermining public confidence in good ones.
The suicide rate increased 3 percent in the 2001 recession and has generally ridden the tide of the economy since the Great Depression, rising in bad times and falling in good ones, according to a comprehensive government analysis released Thursday.
At least a few boards seem determined to make pay for performance work in bad years as much as it did in good ones -- mostly, perhaps, when the pain is spread, not concentrated in the boardroom.
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Championships, after all, are won in the bad games, not in the good ones.
Yet headhunters report difficulties in attracting good ones to run major trusts, let alone failing ones.
And it is seldom simple to say who's right about which policies are in fact good ones.
"If anybody could do 80 years in 30 good ones, he could," Mr. McEachern said.
In the good ones, books are read aloud, valued, expounded, held up for kids to enjoy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com