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The most important measure, the only measure of the quality of your thinking, it the results you get, the consequences of what you decide to do as a result of the decisions you make.
The best measure of quality thinking is your ability to accurately predict the consequence of your idea and subsequent actions. The point was that economic theory discover from what actually happened when that theory was applies was clearly incorrect.
The only question is, did your idea work or not?
Some people are confused about the importance of long term consequences. They think that there intentions are most important, not the results this is a major cause of confusing in our society today.
If I intend for good things to happen as the result of my ideas, my decision and my actions would be a great blessing.
Your ability to accurately foresee and predict the consequences of your decisions and actions is the true measure of your intelligence.
