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Tim Harford
“Undercover Economist” Columnist, Financial Times
Tim Harford has been called “Britain’s Malcolm Gladwell.” He is the well-known “Undercover Economist” for the Financial Times. His new book is called "ADAPT: Why Success Always Starts with Failure."
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7 min
In this video, economist and author Tim Harford teaches an important lesson about succeeding at failure through the story of psychologist Leon Festinger’s infiltration of a cult led by Dorothy […]
2 min
Groups of people make more effective decisions when diverse viewpoints are brought to the table. Learn the psychology of non-conformity and how it applies to your team in this lesson excerpt from economist Tim Harford. The full lesson is available on Big Think+.
8 min
Economist Tim Harford on what prison camps can teach you about the economy.
We need to push decision making authority as far down the organization as possible. Then people can try new things.
Present clear, crisp evidence that people can believe about whether an idea is working.
Get straight to the criticism, but express it very positively: "Wouldn’t it be even better if we did X, wouldn’t it be even better if we did Y?"
Try a few new things and yeah, sometimes it will be embarrassing. But maybe that is not such a bad thing. Maybe it’s worth it.