May 23, 2006

Filed under: bank»events»bspan

Fun B-SPAN Tidbit of the Day

From Tim Besley, professor at the London School of Economics:

Randomly selected leaders dying in office tends on average to improve economic performance in countries--particularly in autocratic countries.

It has to do with competition improving efficiency, he says. This is apparently also true for companies--a CEO killed in office improves corporate performance. It's a real-world Dead Roommate Rule!

Future - Present - Past