Being ready for failure is not quite the same thing as considering success impossible.
The context is that economics is in shall we say an earlier stage of development than engineering, so we should be more conscious of the risk of economic tinkering failing than we need be of whether our bridge or plane falls apart underneath us.
All I’m getting out of this is that the quoted fails to understand the ability of great minds. Is there a context I’m missing?
Being ready for failure is not quite the same thing as considering success impossible.
The context is that economics is in shall we say an earlier stage of development than engineering, so we should be more conscious of the risk of economic tinkering failing than we need be of whether our bridge or plane falls apart underneath us.