Why we need a healthy handshake between numbers and intuitions

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eMKambo Vibes – 23 January 2017

Why we need a healthy handshake between numbers and intuitions Due to the hype surrounding Big Data, there is a temptation for economic planners in developing countries to over-depend on quantitative data (numbers) at the expense of qualitative data (stories). There are many valid reasons why economic planners should not ignore local intuitions that offer a better interpretation of what is beyond the data (numbers). Working on the forefront of informal agricultural markets has made it clear to eMKambo that what is measurable is sometimes not the most valuable. Local intuitions and emotions can be more valuable than numbers. There is a hidden story behind each commodity price.

Unfortunately, in a world that is becoming seriously data-driven, qualitative data is being seen as anecdotal, unreliable, small and insignificant. As if that is not enough, researchers who specialize in qualitative data are being swept aside by the big data revolution which is more interested in quantitative evidence that can be manipulated by machines. Yet there is no doubt that qualitative data is better at revealing people’s emotions, intuitions, experiences and worldviews. Although qualitative evidence is the sticky stuff that is difficult to quantify, it is good at generating incredible depth of meanings and values.

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