Wednesday

27th of November

2024

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.

— Tim Harford

1110 The Greener Path
When you are called by a greener path
that seems more exciting and true,
it pays to stop and do some math
to figure probabilities and costs.
Put your gain against your loss
before you choose what's best for you.

⚞ 2201 ⚞

3311 Flexibility
When the direction seems most clear,
the map the most complete,
it may be time to pause
and check what you hold dear.
What now holds the most applause
will shift and not be so sweet.