Data Driven Decisions Can Help End Negative Feedback Loops

Data-Based Decisions Are the First Step to Escaping Negative Feedback Loops

Shortly after Blue Fairy gives life to the eponymous wooden puppet in the 1940 classic animated film Pinocchio, she instructs him that he must, “Always let [his] conscience be [his] guide”.  Were she a rationalist, she might have added an important addendum: “And make decisions based upon objective, high-quality, third-party-recorded data to remove your own bias as much as possible…

The Poisoned Watermelon

The Poisoned Watermelon

There is an old joke that goes something like this… Not so long ago there was a watermelon farmer.  In June, during peak watermelon season, he began to notice that someone was stealing his fruit.  Slowly, but steadily, melons would disappear, along with it his profits. He tried everything until one particularly fine morning, he had an idea.…