Chris Corrigan has a good post on how complicated models masked the complexity of the financial system – and made the perpetrators very rich at everyone’s else’s expense.
In these times, we need more honest leadership. Not leadership based on clever imaginings about how the world works but leadership based on a collaborative approach to being in the emergent messiness of the world in every time. Of course there is a time and a place for models, but when we become addicted to them such they they take us into a complexity domain without the right thinking, we set ourselves up for catastrophic failure.
Agreed!
