Thursday, March 26, 2020

Informed and value-based decision-making versus Mandarin Class hysteria

This is what I was talking about the other day. The propensity of so many to depart from standard tactical and strategic decision-making. Instead of defining the problem carefully, putting some empirical measures to it, assessing the causal processes (which may not be direct or linear), evaluating a range of the alternative approaches or solutions and then estimating the relative near term costs and benefits and long term costs and benefits (net value tactically and net value strategically) and only then making a best estimated choice, it is all "shoot from the hips" based on strong opinions, cherry-picked experience and poor analogies. And don't even talk about establishing a societal consensus or even informing the public about the problem, causes, goals, solutions and measured outcomes. And lord, let's talk about which segments of society differentially benefit or suffer. None of that.

Click to follow the thread. Important points made on almost every tweet.

I suppose it is worth noting that the original tweet came from a blue check Mandarin Class, NYT bloviator. No value-add other than self-regard.

No comments:

Post a Comment