Money and Finance
- Links
Garrett Hardin on the Three Filters Needed to Think About Problems (LINK) Related book: Filters Against FollyWhat are Charlie Munger’s views on giving back to society? (LINK) The Misunderstanding of Peter Lynch’s Investment Style (LINK) CAN YOU...
- Henry Ford Quote
“None of our men are ‘experts.’ We have most unfortunately found it necessary to get rid of a man as soon as he thinks himself an expert because no one ever considers himself expert if he really knows his job . . . Thinking always ahead, thinking...
- Garrett Hardin Quote
This quote can probably apply to the economic world as well. "The natural world is organized into a web of life more complex than we know. We have only a limited ability to predict what will happen in time as the result of any intervention, however well...
- Experts And Valdez
Below is an interesting excerpt from Garrett Hardin’s book Filters Against Folly. The important things to keep in mind are: 1) this book was published in 1985; and 2) though the cause of the infamous Exxon Valdez oil spill in 1989 was related to the...
- Garrett Hardin And Michael Lewitt Quotes (human Fallibility, Technology)
“You don’t have to be an expert to have a healthy respect for human nature. In fact, laymen often are better at evaluating reliability than are the experts. The expert who looks for “the light at the end of the tunnel” can all too easily end up...
Money and Finance
Garrett Hardin quote
“The greatest folly is to accept expert statements uncritically. At the very least, we should always seek another opinion. Moreover, to the extent that time allows, we may become a little bit expert ourselves; but we don't have time enough to go far in this direction. (if we went all the way we would become just one more expert, thus moving ourselves to the other side of the debate and leaving the rest of the lay public with the same old problem.)
We need lay defenses against expertise. Fortunately there are such. The most important defense measure is to make oneself sensitive to the biases introduced by the assumptions and methods of experts.”
–Garrett Hardin, Filters Against Folly
- Links
Garrett Hardin on the Three Filters Needed to Think About Problems (LINK) Related book: Filters Against FollyWhat are Charlie Munger’s views on giving back to society? (LINK) The Misunderstanding of Peter Lynch’s Investment Style (LINK) CAN YOU...
- Henry Ford Quote
“None of our men are ‘experts.’ We have most unfortunately found it necessary to get rid of a man as soon as he thinks himself an expert because no one ever considers himself expert if he really knows his job . . . Thinking always ahead, thinking...
- Garrett Hardin Quote
This quote can probably apply to the economic world as well. "The natural world is organized into a web of life more complex than we know. We have only a limited ability to predict what will happen in time as the result of any intervention, however well...
- Experts And Valdez
Below is an interesting excerpt from Garrett Hardin’s book Filters Against Folly. The important things to keep in mind are: 1) this book was published in 1985; and 2) though the cause of the infamous Exxon Valdez oil spill in 1989 was related to the...
- Garrett Hardin And Michael Lewitt Quotes (human Fallibility, Technology)
“You don’t have to be an expert to have a healthy respect for human nature. In fact, laymen often are better at evaluating reliability than are the experts. The expert who looks for “the light at the end of the tunnel” can all too easily end up...