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A technique to improving managerial performance when planning is to take into account the second and third-order consequences and implications of one’s actions across an expanding time period. The farther out one is able to project and consider, the better.
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Mises held that the virtue of economics was its particular capability in providing insight into the link between human values, human action and desired outcomes. He advocated for a distinct economic way of thinking as a valid and necessary extension of logic, and therefore easily available to everybody.
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In a recent episode of The Human Action Podcast by the…
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Sam Harris, Jordan Peterson, and the Search for “Truth" (1/20) ©…