Belief Quote by Henri Theil
“Models are to be used, not believed.”
About This Quote
Models should serve as tools, not objects of faith, reminding us to evaluate their limits critically.
In simple terms: Use models as tools, not idols.
Critically assess models.
Themes
Mood
Type
When to use this quote
- business decisions
- scientific research
- policy making
- personal finance
Key Concepts
Questions to Reflect On
- How do you verify a model's reliability?
- When should you trust a model?
Models can be misused if taken as infallible.