"A lot of wild problems can give us butterflies and make our hearts ache. Knowing which path is the best one can’t be answered until we arrive in that distant land known as the future, a land we know fully only when we arrive. That tends to unnerve us. Lacking nerve, we procrastinate.
...
But the big decisions we face in life, the wild problems—... —these big decisions can’t be made with data, or science, or the usual rational approaches.
I was trained as an economist at the University of Chicago. We were taught that economics is the guide to making rational choices in life. We were taught the importance of trade-offs and what is called opportunity cost—what we give up when we choose one thing over another. We were taught that everything has a price—everything involves giving up something to have something else. Nothing is of infinite value. I have come to believe that when it comes to the big decisions of life, those principles can lead us astray."
Trechos retirados de "Wild Problems" de Russ Roberts.
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