#boundedrationality

[tofias]

This is not actually just a baseball story. It is a story of rapid change in the business world and how there will always be people who resist change because it threatens them.

Keith Law on Moneyball

[tofias]

People try to aim in the right direction, shoot straight and hit the barn. That's about the best they can do under the circumstances, but it's not the best they can do if they succeed and then get to tell the tale of their triumph.

Ezra Klein on political scheming