“You gave too much rein to your imagination. Imagination is a good servant, and a bad master. The simplest explanation is always the most likely.”
― The Mysterious Affair at Styles
― The Mysterious Affair at Styles
“To avoid criticism say nothing, do nothing, be nothing.”
― Little Journeys to the Homes of the Great Vol. 3: American Statesmen
― Little Journeys to the Homes of the Great Vol. 3: American Statesmen
“Explanations involving conspiracy, greed, and even stupidity are easier to generate and accept than more complex explanations that may be closer to the truth.
A bit of wisdom called Hanlon's Razor advises us 'Never attribute to malice that which can be adequately explained by stupidity.' I would add a clumsier but more accurate corollary to this: 'Never attribute to malice or stupidity that which can be explained by moderately rational individuals following incentives in a complex system of interactions.' People behaving with no central coordination and acting in their own best interest can still create results that appear to some to be clear proof of conspiracy or a plague of ignorance.”
― The Failure of Risk Management: Why It's Broken and How to Fix It
A bit of wisdom called Hanlon's Razor advises us 'Never attribute to malice that which can be adequately explained by stupidity.' I would add a clumsier but more accurate corollary to this: 'Never attribute to malice or stupidity that which can be explained by moderately rational individuals following incentives in a complex system of interactions.' People behaving with no central coordination and acting in their own best interest can still create results that appear to some to be clear proof of conspiracy or a plague of ignorance.”
― The Failure of Risk Management: Why It's Broken and How to Fix It
Wilfred’s 2025 Year in Books
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