Failure in Innovation - it's a price worth paying. - Tim Harford

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Theft annoys me more than anything else. The purloining of effects from another magician. Some people think it's massive to steal the secrets of nuclear reactors, but to steal a card move is trivial. They're wrong.

Tim Harford

Failure in Innovation - it's a price worth paying.

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Success Comes Through Rapidly Fixing our Mistakes Rather than Getting Things Right the First Time.

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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.

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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 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).

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

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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.

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Franz Kafka

People who walk across dark bridges, past saints, with dim, small lights. Clouds which move across gray skies past churches with towers darkened in the dusk. One who leans against granite railing gazing into the evening waters, His hands resting on old stones.

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Laurence Olivier

I often think that could we creep behind the actor's eyes, we would find an attic of forgotten toys and a copy of the Domesday Book.

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I've always believed that you can be whatever you want to be if you are willing to sacrifice and dedicate yourself.

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Henry Louis Gates

A more humane form of capitalism is about the best I think we can get. Which might sound very reformist or conservative, but that's basically where I am.

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