” How did the economy produce all these amazing things that we have around us – computers and cell phones and so on? There were a bunch of ideas, and the good ones grew and prospered. And the bad ones were pretty ruthlessly weeded out. “


” Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can. You don’t expect dentists to be able to forecast how many teeth you’ll have when you’re 80. You expect them to give good advice and fix problems. “


” Our society is intertwined with the economy that we’ve built, which is a fantastically complex system. I hope that my writing about it might do some good, but that’s not why I do it. “


” Funnily enough, the Federal Reserve produced comics about monetary policy, and there is a good comic book guide to microeconomics and macroeconomics out there. But it is not really appropriate for younger readers, it is really aimed at economics students. “


” 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. “


” The supermarket chain Whole Foods has quite a radical employee empowerment program, where employees get to decide whether another employee can work in their team or not. If they think this person’s a slacker, doesn’t have good ideas, they can vote and say, no, we don’t want this person to be working with us on the vegetable aisle. “



All 6 Tim Harford Quotes about Good in picture


How did the economy produce all these amazing things that we have around us - computers and cell phones and so on? There were a bunch of ideas, and the good ones grew and prospered. And the bad ones were pretty ruthlessly weeded out.
Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can. You don


Our society is intertwined with the economy that we
Funnily enough, the Federal Reserve produced comics about monetary policy, and there is a good comic book guide to microeconomics and macroeconomics out there. But it is not really appropriate for younger readers, it is really aimed at economics students.
Failure
The supermarket chain Whole Foods has quite a radical employee empowerment program, where employees get to decide whether another employee can work in their team or not. If they think this person
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