The continuing fragility of the economy may well mean that the MPC errs on the side of doing too much rather than too little next month.
Yet the report errs in seeking to identify the riskiest parts of banks, forgetting perhaps that supposedly safe retail banks fail all the time, rather than concentrating on identifying the parts of banks that would have to be rescued in a crisis in order to avoid economic disaster.
The Fed likely errs on the side of caution to stimulate growth as inflation is not currently a concern.
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The law is just beginning to gets its arms around the concept of computer hacking, but in a way that Granick says errs on the side of extreme punishment for crimes when considered in context are not often that serious.
But I think that this Gizmodo piece The Case Against Google errs in a very important manner, in that it never even considers the most important way we ought to think about the company: as a company, a profit generating entity.
There needs to be a balanced approach that errs on the side of society.
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Petulant love letters aside, Thurber rarely errs in the killjoy direction himself.
But experts who are members of the Lords have far more power than those on tap, for they can vote against the government when it errs and persuade other peers to do so, too.
Most importantly, Sternberg errs by implicitly assuming that the standard of accuracy for college rankings is essentially the same as that for academic scholarship.
In the middle of these competing perspectives, frustration thrives and judgment errs.
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