"Failure is inevitable; it happens all the time……" — Tim Harford
"Failure is inevitable; it happens all the time in a complex economy."
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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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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…
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There is much more to life than what gets measured in accounts. Even economists know that.
See all 18 quotes by Tim Harford »
More All Quotes
This quote is filed under All Quotes,
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Total loyalty is possible only when fidelity is emptied of all concrete content, from which changes of mind might naturally…
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No cause is left but the most ancient of all, the one, in fact, that from the beginning of our…
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The ultimate end of human acts is eudaimonia, happiness in the sense of living well, which all men desire; all…
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The new always happens against the overwhelming odds of statistical laws and their probability, which for all practical, everyday purposes…
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Where all are guilty, no one is; confessions of collective guilt are the best possible safeguard against the discovery of…
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We have almost succeeded in leveling all human activities to the common denominator of securing the necessities of life and…
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I keep my friends as misers do their treasure, because, of all the things granted us by wisdom, none is…
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We must all make peace so that we can all live in peace.
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The spirit of Ubuntu, that once led Haiti to emerge as the first independent black nation in 1804, helped Venezuela,…
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As we all know, many people remain buried under tons of rubble and debris, waiting to be rescued. When we…
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Wise people, even though all laws were abolished, would still lead the same life.
— Aristophanes
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A friend to all is a friend to none.
— Aristotle
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