Monday, February 10, 2014

Americans succeed by failing - Megan McArdle

Megan McArdle says we Americans succeed by failing because we learn from failure and go and try again. She is a 30-ish business journalist who I have found to be a very worthy read over the past ten years. (Must be over 30.) This is her first book.

Read the review at Townhall
The best way ahead is to admit mistakes quickly, understand that you may well fail, but you can usually rebound and punish rule-breaking promptly and consistently but lightly. 
This book about people who fail is also a book about how a nation succeeds. The "American Bourgeois Synthesis," McArdle writes, is good but not perfect, promoting entrepreneurship but over-penalizing some mistakes. 
Americans -- and America -- can succeed, but only if people learn from their failures.

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