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330. Extra: Ray Dalio Full Interview

Freakonomics Radio

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Is There a Difference Between Principles and Meritocratic Decision Making?

I think it would be an unbelievable world better place if each person, particularly those who orn leadership position, wrote down their principles. You walk the talk and then that we as a country are clear in what are the principles that bind us together, and what of the principles that separate us? So being clear about that, and then to have good idea, maritocratic ways of working our elves through those disagreements. We call that believe ability. That's a whole other topic, if you want to digress into but i think that that's been extremely powerful for us. But if we don't, we're just going to be in our silos, arguing and trying to kill each other

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