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 โTitanic' plan, unsinkable (until it hits the iceberg).
Tim HarfordA lot of international companies invest in the U.K. as a base for doing business with the rest of the European Union.
Tim HarfordEach additional child that you have is going to divide your time and your attention. You're going to have to cram them into a smaller house. They're going to have to share rooms, or you might have to move into the suburbs, somewhere cheaper, further away from where the job is.
Tim HarfordThe more grotesque your boss's pay and the less he has do to earn it, the bigger the motivation for you to work with the aim of being promoted to what he has.
Tim HarfordSuccess Comes Through Rapidly Fixing our Mistakes Rather than Getting Things Right the First Time.
Tim HarfordTen percent of American businesses disappear every year. ... It's far higher than the failure rate of, say, Americans. Ten percent of Americans don't disappear every year. Which leads us to conclude American businesses fail faster than Americans, and therefore American businesses are evolving faster than Americans.
Tim Harford