Solving a problem simply means representing it so as to make the solution transparent.

Solving a problem simply means representing it so as to make the solution transparent.

Human beings know a lot of things, some of which are true, and apply them. When we like the results, we call it wisdom.

No one has characterized market mechanisms better than Friedrich von Hayek

A complex decision is like a great river, drawing from its many tributaries the innumerable premises of which it is constituted.

What information consumes is rather obvious: it consumes the attention of its recipients. Hence a wealth of information creates a poverty of attention, and a need to allocate that attention efficiently among the overabundance of information sources that might consume it.

Learning results from what the student does and thinks, and only from what the student does and thinks. The teacher can advance learning only by influencing the student to learn.