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Good read. Obliquity by John Kay on behavioural economics. "The world is complex, imperfectly known, and our knowledge of
Good read. Obliquity by John Kay on behavioural economics. "The world is complex, imperfectly known, and our knowledge of it is incomplete, and these things will remain true however much we learn and however much we analyse it." That is why we need to be 'oblique' or muddle through rather than be direct (with a probably mistaken solution).
Source: www.amazon.co.uk
however much mistaken obliquity oblique muddle incomplete imperfectly
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