Megan McArdle
2015 |
Business & Economics

McArdle weaves together corporate case studies of triumphs and flops, core findings of behavioral economics, and her own bad luck in losing a succession of jobs during the Great Recession. . . . To get where you want to go, McArdle sagely notes, you must first give yourself permission to suck. Seeing how this epiphany earns her a freer, failure-embracing growth mindset is like watching a flower unfold. McArdle combines a shrewd knowledge of economics and practical experience with a writing style that every so often segues into comedy monologue. . . . Americans fail a lot, she argues. . . . But good judgment comes from experience. And experience comes from bad judgment from failures. The key question is how you respond, whether you learn from failure and rebound.

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The Up Side of Down

Why Failing Well Is the Key to Success