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Saturday, January 31, 2026

The Cheapest Substance in the World

Courtesy of The Epicurean Dealmaker

The Cheapest Substance in the World

Humility:


Tim Harford on error, the God complex, and making "good mistakes." Should be required viewing for politicians, scientists, economists, and every other subject matter "expert" out there.

Now I’m not trying to deliver a nihilistic message here. I’m not trying to say we can’t solve complicated problems in a complicated world. We clearly can. But the way we solve them is with humility, to abandon the God complex and to actually use a problem solving technique that works. And we have a problem solving technique that works.

Now, you show me a successful complex system, and I will show you a system that has evolved through trial and error. (08:11)

There will be a quiz later.

(via Paul Kedrosky

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