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Market crash, shuttle crash, Richard Feynman

Shedding light on the failure of extremely complex systems: Megan McArdle posts an excerpt from the Feynman appendix to the Challenger crash in order to shed light on the difficulties. Feynman speaks of the culture inside NASA that led to overestimating chances of success and underestimating chances of failure. Hmm. Ed Tufte, in his book […]