Bad Quote by Ben Bernanke
“Honest error in the face of complex and possibly intractable problems is a far more important source of bad results than are bad motives.”
About This Quote
Source Speech: Remarks at Federal Reserve Board Meeting, 2012
Complex problems often produce errors that outweigh the impact of ill intentions, leading to poor outcomes.
In simple terms: Errors from complexity matter more than bad motives.
Focus on improving problem analysis.
Themes
Mood
Type
When to use this quote
- policy design
- engineering projects
- medical diagnostics
- software development
Key Concepts
Questions to Reflect On
- How can we better identify hidden complexities?
- What checks reduce error in complex tasks?
Even with good motives, misunderstood problems can cause failure.