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I think predictability has become the rule and I'm completely the opposite -- I like spectators to be disturbed.

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Tim Harford

Failure is inevitable; it happens all the time in a complex economy.

Complex, Complexes, Economy, Happens, Inevitable, Time
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Success Comes Through Rapidly Fixing our Mistakes Rather than Getting Things Right the First Time.

Firsts, Fixing, Mistake, Mistakes, Rapidly

I see the God complex around me all the time in my fellow economists. I see it in our business leaders. I see it in the politicians we vote for - people who, in the face of an incredibly complicated world, are nevertheless absolutely convinced that they understand the way that the world works.

Complicated, Complicated World, Inspiration, Motivation, See, Way

There's nothing wrong with a plan, but remember Von Moltke's famous dictum that no plan survives first contact with the enemy. The danger is a plan that seduces us into thinking failure is impossible and adaptation is unnecessary - a kind of ‘Titanic' plan, unsinkable (until it hits the iceberg).

Dictum, Enemy, Firsts, Iceberg, Seduces, Thinking

British politicians used to be good at misleading people without actually lying.

Actually, British, Lying, People, Politician

Synthetic Worlds is a surprisingly profound book about the social, political, and economic issues arising from the emergence of vast multiplayer games on the Internet. What Castronova has realized is that these games, where players contribute considerable labor in exchange for things they value, are not merely like real economies, they are real economies, displaying inflation, fraud, Chinese sweatshops, and some surprising in-game innovations.

Book, Player, Political, Real, Surprising
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