Hint to W. Edwards Deming (on the occasion of the Financial Crisis)

One year ago the Lehman Brothers Inc. went broke, an important milestone in the course of the ongoing Financial Crisis. Because there is a quest for solutions, I want to point to the teachings of a man where the often used saying “If they just had listened to him!” even after critical analysis really applies:

By the way: From Deming’s books “Out of the Crisis” and “The New Economics” still no German translation is published.

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