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Tim Harford: Trial, error and the God complex
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God complex

No matter how complex the problem you always believe you have the only answer

  • They believe they understand without a doubt how the world works
  • Hunter gather society had 300 or so products, in major economic areas i.e. NYC there are 10 billion
  • Step back, find a systematic way to determine what is working and what is not
  • Need to use trial and error
  • 10% of American business disappear every year, American business trial and fail
  • Being challenged can hurt, sometimes you need to be shocked out you comfort zone
  • Make mistakes in a good direction as it is very difficult to make good mistakes

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