Commenter RL in the econlog thread pointed out what's wrong with Bryan's analogy: "Isn't it really more like expecting people to show up for work on time EVERY DAY for the next 50 years?"
If we know that 50% of a certain kind of contract will eventually be broken, it might be worth reexamining some of the terms of that contract to see if some detail is the cause or significant contributing factor to this failure, and if this detail can be changed for the better.
Commenter RL in the econlog
Commenter RL in the econlog thread pointed out what's wrong with Bryan's analogy: "Isn't it really more like expecting people to show up for work on time EVERY DAY for the next 50 years?"
If we know that 50% of a certain kind of contract will eventually be broken, it might be worth reexamining some of the terms of that contract to see if some detail is the cause or significant contributing factor to this failure, and if this detail can be changed for the better.