Wall Street

Feel Like a Failure? It May Be a Good Thing

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"Megan McArdle: Why Failing Well is the Key to Success," is an interview by Nick Gillespie and produced by Todd Krainin. About 2 minutes. Original release date was April 25, 2014 and original writeup is below.

"There's nothing as dangerous as perfect safety," says Megan McArdle, author of the new book, The Up Side of Down: Why Failing Well is the Key to Success.

Failure is inevitable, says McArdle, who's also a Bloomberg View columnist. But how we handle our own failures and whether we learn from them go a long way in shaping individuals, institutions, and entire societies.

Drawing on personal anecdotes, current events, literature, and cutting-edge research, McArdle dissects our beliefs, myths, and cognitive biases about failure.