Value Investing World

Monday, June 17, 2013

THE GIFT OF DOUBT: Albert O. Hirschman and the power of failure. – By Malcolm Gladwell

Hirschman made his arguments without mathematical formulas or complex models. His subject was economics, but his spirit was literary. “The only way in which we can bring our creative resources fully into play,” he wrote, “is by misjudging the nature of the task, by presenting it to ourselves as more routine, simple, undemanding of genuine creativity than it will turn out to be.”

Joe at 6/17/2013
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