Grand II
“Those who favor a ‘grand plan’ over experimentation fail to understand the role that failed experiments play in creating progress in society. Failures quickly and efficiently signal what doesn’t work, minimizing waste and redirecting scarce resources to what does work. A market economy is an experimental discovery process, in which business failures are inevitable and any attempt to eliminate them only ensures even greater failures.”
-Charles Koch,
"Good Profit: How Creating Value for Others Built One of the World's Most Successful Companies"
