Adapt: Why Success Always Starts with Failure by Tim Harford
Interesting, well-written book that often explains complex economic details in very simple language (indeed, it includes one of the best explanations for the credit crunch that I’ve read anywhere). The premise, that setting up systems so that there is room for failure, is persuasive and Harford is the first to point out areas in which the simplest version of his theory is likely to fail, and therefore hones it as he goes. A really excellent read.
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