With the constant stream of data about COVID-19, it can be hard to make sense of all the numbers. We look at the base rate fallacy, and how some people are making this mistake when assessing risk.
Recently I've been deep-diving into a model of brain, mind, and behavior—active inference and the free energy principle—developed by a leading neuroscientist and computational psychiatrist Karl ...
Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Vikki Velasquez is a researcher and writer who has managed, ...
What happens when an entrepreneur realizes their project isn't delivering? It can create a crossroad between perseverance and prudence—the point where passion meets pragmatism. The resulting decision ...
White House Press Secretary Karoline Leavitt claimed climate change is a fallacy, criticizing California's environmental policies as a "Green New Scam." Her remarks contradict the scientific consensus ...
Quote of the day, from economist Milton Friedman: “Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.” In ...
The curiosity explorers at Vsauce2 investigate the prosecutor's fallacy and how flawed mathematical reasoning has led to the ...