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

We should not try to design a better world. We should make better feedback loops.

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

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

I am aiming my books at anybody with no economics background.

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.

If the whole process of learning from failure means discarding stuff that's not working, but in fact, our natural reaction is to keep going, to throw more money behind it, to throw more emotional energy behind it... that's a real problem.