The Science of Business

The Science of Business Human beings inherently dislike chaos, disorder, or a world with no rules.  We automatically try to categorize people and things, to put them in a context that makes them easier to understand.  Then we search for the rules that govern those categories to explain why people or things act the way…

The Problem with Models

The Problem with Models (or: We are all Modelers) As the cliché says, the world divides into two groups. For now, the two groups are those who approach problems from a top-down perspective and those who approach them from a bottom-up point of view. Historians, for example, diligently collect as much data as they can,…