As the Trump administration cuts thousands of federal jobs, it‘s good to remember that the public sector‘s “services” provide ...
It's always good (and frustratingly rare) to see the mainstream media get it right when it comes to pseudoscience in medicine ...
Of course, it's a bit of a stretch to say that this discovery just amounted to pointing out a fallacy. What geologists actually did was to develop a theory for which there was very little evidence at ...
Bryce Hoffman writes about leadership, strategy, and decision making. The hot-hand fallacy is a cognitive bias that leads individuals to believe that a person who has experienced success with a ...
Opinions expressed by Forbes Contributors are their own. Bryce Hoffman writes about leadership, strategy, and decision making. The gambler’s fallacy is a common ...
The failure to understand independence lies at the heart of two famous phenomena: the gambler's fallacy and the "hot hand" in sports. When we do understand independence, we can make better ...
We forget that during America’s Golden Age, the government essentially funded itself entirely with tariffs; the income tax didn’t even exist.
The world is full of random events such as 'Will tomorrow's stock prices rise or fall?', 'Will the ball be kicked left or right in a penalty kick?', and 'Will the lottery ticket I've been buying ...
In the legal sphere, Miss Arendt condemned the "cog" theory as moral evasion. This theory argues that a functionary, like Eichmann, is not responsible for the criminal action of the government ...