Tim Harford

Solving Problems in a Complex World




Recorded in Wellington, on Tuesday 28 June at 1:30pm
Tim Harford
Abstract
Tim Harford argues that the world economy - and attendant problems from innovation to climate change to the financial crisis - is too complex to allow solutions to be figured out from first principles, right first time. Successful problem solving in a complex system relies on effective mechanisms for formal and informal experiments, and promoting the results of successful experiments. He explores successful institutions for trial and error and discusses some of the political and psychological obstacles to the broader use of this approach.

Bio

Tim Harford is the author of The Underground Economist, Dear Undercover Economist and The Logic of life. He is a columnist for the Financial Times and the presenter of BBC Radio 4's award-winning  More or Less. He is a regular broadcaster, media contributor and public speaker.


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