Paul Graham on Start-ups, Innovation, and Creativity
EconTalk
00:00
The Hayekian Idea of Trial and Error
"I have an explicit policy of not even trying to plan. If I even tried to think about think ahead about idea about hype types of projects anyway, right? It would only add, it would only dilute my thinking with crap," he says. "It's a beautiful example of the Hayekian idea of trial and error is where progress comes from."
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