Tim Harford has an unusual fear about government failure. He’s not worried that the government fails too often. He’s worried that it doesn’t fail often enough. The British economist is the author of the compelling new book, “Adapt: Why Success Always Starts With Failure.”
In it, he warns that “we face a difficult challenge. The more complex and elusive our problems are, the more effective trial and error”-which is to say, failing and learning from those failures-”becomes, relative to the alternatives. Yet it is an approach that runs counter to our instincts, and to the way in which traditional organizations work.”
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