We are all subject to confirmation bias — a tendency to find, or interpret, facts to support opinions we already hold. But truthiness is more extreme, occuring when conviction is prized over information.
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22 April 2015, Financial Times
14 January 2015, Financial Times
In the face of an event like the attack on Charlie Hebdo, the urge to respond decisively is natural and strong. But the bias to immediacy and action is as pervasive in finance as it is in politics.
17 December 2014, Financial Times
The belief that an aggregate of casual opinions provides a better process of value discovery than a flow of informed judgment through close engagement by investors, is an article of faith rather than a matter of empirical evidence.
10 September 2014, Financial Times
While most of the debate surrounding Scottish independence has been about economic matters, the economic arguments are far from conclusive either way. The real questions concern the sort of country Scots and Scotland’s residents want. The nation’s political future will drive the economics.
03 September 2014, Financial Times
We have a large consultancy business of transport modellers, environmental experts, risk managers and impact assessment modellers, the front line of an army that has turned evidence-based policy into policy-based evidence.
09 April 2014, Financial Times
In today’s world of global business and finance, people make agreements in whatever currency they like and under whatever legal system they choose.
21 March 2014, Financial Times
The man who “laboureth much, and sparing the fruits of his labour, consumeth little” should not, Hobbes argued, pay more “than he that liveth idlely, getteth little, and spendeth all he gets”.
19 March 2014, Financial Times
The test of an organisational structure is not how it handles success but how it copes when things go wrong.
26 February 2014, Financial Times
Whatever Mr Salmond may say, there has to be a plan B.
05 February 2014, Financial Times
Obtaining better information about companies is essential to the efficiency of markets and society: obtaining it fractionally earlier is of no public value at all.
28 August 2007, Financial Times
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