That's the theme of Atul Gawande's commencement address (hat tip Ezra Klein). Worth reading, since failure is inevitable, and recognizing and responding to failure is valuable. Unfortunately in government sometimes the people (political appointees) who fail are out the door before they have the chance to learn from their mistakes.
[Update: Orin Kerr at Volokh provides excerpts of two good commencement speeches, particularly the one on the role of luck in life.]
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