What the Cult of Efficiency Costs Us

What the cult of efficiency costs us

Sen. Chris Murphy, D-Conn., offered the graduates of Wesleyan University wise counsel in his commencement speech a few weeks back. “You are about to step out into a world that prizes efficiency and the annihilation of drift and friction above all else,” he said. “Our entire economy is built on rewarding companies that are efficient at making a profit, not based upon how they treat their workers, the social value of their product or the impact th…