"Economists have allowed themselves to walk into a……" — Tim Harford
"Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can."
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Tim Harford
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18 Quotes by Tim Harford
Tim Harford has 18 quotes on this site.
A few more worth reading:
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Accepting trial and error means accepting error. It means taking problems in our stride when a decision doesn't work out,…
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Success Comes Through Rapidly Fixing our Mistakes Rather than Getting Things Right the First Time
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We should not try to design a better world. We should make better feedback loops.
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I see the God complex around me all the time in my fellow economists. I see it in our business…
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Ten percent of American businesses disappear every year. ... It's far higher than the failure rate of, say, Americans. Ten…
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You show me a successful complex system, and I will show you a system that has evolved through trial and…
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There's nothing wrong with a plan, but remember Von Moltke's famous dictum that no plan survives first contact with the…
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If the whole process of learning from failure means discarding stuff that's not working, but in fact, our natural reaction…
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Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks…
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Failure is inevitable; it happens all the time in a complex economy.
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Pluralism matters because life is not worth living without new experiences - new people, new places, new challenges. But discipline…
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The more grotesque your boss's pay and the less he has do to earn it, the bigger the motivation for…
See all 18 quotes by Tim Harford »
More Allowed Quotes
This quote is filed under Allowed Quotes,
one of 2,088 quotes in that category. Here are a few more:
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I love working with the right actor, and if the right actor happens to be unknown, that should be allowed,…
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Indian religion has always felt that since the minds, the temperaments and the intellectual affinities of men are unlimited in…
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I never took a grant or borrowed a penny from anybody. It was partially because I didn't really know how…
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People pay for what they do, and still more for what they have allowed themselves to become. And they pay…
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Anyone who is capable of getting themselves made President should on no account be allowed to do the job.
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Generally speaking, actors are allowed NO input. Actors are dumb.
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Immortality: A toy which people cry for, And on their knees apply for, Dispute, contend and lie for, And if…
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I believe that summer is our time, a time for the people, and that no politician should be allowed to…
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