“The main source of difficulty is that participants are part of the situation they have to deal with. Confronted by reality of extereme complexity we are ablyged to various methods of simplification. Generalizations, metaphors, moral precepts to mention a few.”
More from George Soros
“It may lead to an equilibrium where the participant's views come to corrospend to the…”
“The structure of the brain is another source of distortions.”
“These distorted views can influence the situation to which they inflate. Because false…”
“My conceptual framework enabled me to both anticipate the prices and deal with it when it…”