Sunday, February 3, 2013

Bill Gates on using measurement and data

Bill Gates writes the most recent entry of the Saturday Essay for the WSJ, concentrating on the importance of measuring outcomes. The approach he describes (set goals, choose a strategy, measure outcomes, tweak the strategy) might be described as "adaptive management". Note his positive view of progress toward the MDGs.  I think he'd like econometrics.



    I just think Bill Gates is a cool dude.

  2. During this Spring Break, I had the privilege of actually seeing Bill Gates in person! He was giving a lecture at the University of Texas-Austin, the same day I was visiting there for a tour. He talked about this and about how the world is "becoming flater" as technology improves over time. He commented at the lecture some good economic stuff, like, how technology leads to economic growth and how markets are expanding with technology. Awesome lecture, awesome guy.