--For Pete's Sake! For John, Mary and Dave's sake too...
CBS Network News this a.m. exposed yet another instance
of airline toffs with their heads in their behinds: Malaysian
Airlines, usually using a flight plan that takes their planes over
the Ukraine/Russian border, decided to reroute their planes
--this time, over SYRIA. WHAT...??
The June 2014 issue of Scientific American published a very
interesting, and telling, article explaining the psychodynamics
of Ponzi schemes, which go back centuries, sadly. A fairly
new discipline, behavioral economics, had to be developed
to explain humanity's contrary and irrational actions with
respect to money. Following the money in this airline's case
proves the irrationality of plans emanating from the highest
corporate tiers--how else can anyone explain jumping from
the frying pan into the fire, route-wise, from the Ukraine
border to Syria?
Meanwhile, Malaysian Airlines was teetering on the
edge of bankruptcy before their two doomed flights
in the last six months. Poor management is evident in
their CEO's thinking as announced a few days back,
at his press conference. The best outcome here is
that MA is bought out by better entities, better in
the safety, financial and plain good sense categories.
It's time to delve into Behavioral Economics, deep
enough to devise improved strategies for our actions
at home and abroad. Until then, air travel atrocities
will continue to astonish--to say nothing of the myriad
other sorts of illogical, harmful ways we behave.