Part-biography, part-political thriller, The Unaccountability Machine is a rousing expose of how management failures lead organisations to make catastrophic errors
'A corporation, or a government department isn't a conscious being, but it is an artificial intelligence. It has the capability to take decisions which are completely distinct from the intentions of any of the people who compose it. And under stressful conditions, it can go stark raving mad.'
When we avoid taking a decision, what happens to it? In The Unaccountability Machine, Dan Davies examines why markets, institutions and even governments systematically generate outcomes that everyone involved claims not to want. He casts new light on the writing of Stafford Beer, a legendary economist who argued in the 1950s that we should regard organisations as artificial intelligences, capable of taking decisions that are distinct from the intentions of their members.
Management cybernetics was Beer's science of applying self-regulation in organisational settings, but it was largely ignored - with the result being the political and economic crises that that we see today. With his signature blend of cynicism and journalistic rigour, Davies looks at what's gone wrong, and what might have been, had
the world listened to Stafford Beer when it had the chance.
Praise for Lying for Money: Dan Davies tells all these stories with verve and wit ... Much of the book is a romp through the crimes of scoundrels - Ponzi, Madoff, Keating, the Krays ... Yet what takes it from absorbing to excellent is the author's insight. Read Lying for Money and you will look at fraud in a whole new way. Actually, you will look at every market transaction you take part in in a whole new way - The Times
Highly entertaining, historically fascinating but also intellectually rigorous - TLS
If you want to learn to fend fraud, read this - Nassim Nicholas Taleb, author, The Incognito
Dan Davies is a journalist, author and editor with more than twenty years' experience as a senior staffer and freelance contributor on a wide variety of magazines, newspapers and websites. Twice shortlisted as BSME Magazine Writer of the Year, he has been Deputy Editor and Acting Editor of Esquire, Editor of Esquire Weekly, a Features Editor at the Mail on Sunday, Deputy Editor of Jack magazine, and a feature writer for the Guardian Guide, Live Magazine, The Journal on MrPorter.com and many others.