How did the economy produce all these amazing things that we have around us - computers and cell phones and so on? There were a bunch of ideas, and the good ones grew and prospered. And the bad ones were pretty ruthlessly weeded out.
We should not try to design a better world. We should make better feedback loops. - Tim Harford
We should not try to design a better world. We should make better feedback loops.
- Tim Harford
Accepting trial and error means accepting error. It means taking problems in our stride when a decision doesn't work out, whether through luck or mis… - Tim Harford
Accepting trial and error means accepting error. It means taking problems in our stride when a decision doesn't work out, whether through luck or mis…
Love may be boundless and abundant, but time isn't. Time is finite. - Tim Harford
Love may be boundless and abundant, but time isn't. Time is finite.
Failure is inevitable; it happens all the time in a complex economy. - Tim Harford
Failure is inevitable; it happens all the time in a complex economy.
Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can. You don't expect dentist… - Tim Harford
Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can. You don't expect dentist…
You show me a successful complex system, and I will show you a system that has evolved through trial and error. - Tim Harford
You show me a successful complex system, and I will show you a system that has evolved through trial and error.
Pluralism matters because life is not worth living without new experiences - new people, new places, new challenges. But discipline matters too; we c… - Tim Harford
Pluralism matters because life is not worth living without new experiences - new people, new places, new challenges. But discipline matters too; we c…
There is much more to life than what gets measured in accounts. Even economists know that. - Tim Harford
There is much more to life than what gets measured in accounts. Even economists know that.
British politicians used to be good at misleading people without actually lying. - Tim Harford
British politicians used to be good at misleading people without actually lying.
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