” Failure is inevitable, it happens all the time in a complex economy. “


” 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. “


” Failure’s inevitable. It happens all the time in a complex economy. And how did the economy produce all these amazing things that we have around us, computers and cell phones and so on? Well, the process was trial and error. There were a bunch of ideas, and the good ones grew and prospered, and the bad ones were pretty ruthlessly weeded out. “


” It’s difficult because we tend to overrate the pain of failure. We fear it too much. That’s research that emerges from psychology. We think it’s going to be worse than it really is. And, I think, as we get a bit older, really after we leave school or college, we quickly stop experimenting. “



All 4 Tim Harford Quotes about Failure in picture


Failure is inevitable, it happens all the time in a complex economy.
If the whole process of learning from failure means discarding stuff that


Failure
It
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