On Advertising
“Advertising is legalized lying.” – H.G. Wells
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“Advertising is legalized lying.” – H.G. Wells
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We Americans are notoriously bad at saving money. While people in Germany, Sweden and even France save about 10% of the money they make, folks in the U.S. save closer to 3 or 4% of their earnings. With so little money saved, Americans face difficulty absorbing economic shocks like recessions and layoffs, and also find…
“When many remedies are proposed for a disease, that means the disease is incurable.” -Anton Chekhov (Click here to view comments)
Most of us have at least one cranky old relative who not only has stronger opinions than the rest of us, but is also convinced that those opinions are superior to ours. Not just content to believe that, say, voter ID laws are a good idea, this relative is also derisive of anyone with a…
“The most exciting phrase to hear in science, the one that heralds new discoveries, is not ‘Eureka!’ [I’ve found it!], but ‘That’s funny.’ (Click here to view comments)
Upon the death of his wife, Thomas Jefferson went into a deep depression. In crushing words, he described his state of mind to his sister-in-law, in a sentence that could be placed in psychiatric manuals next to a definition of depression: “All my plans of comfort and happiness reversed by a single event and nothing…
When people mention Bayes’ Theorem, the cornerstone of much of modern probability thinking, most do not realize that much of the thinking to develop this theorem was done by Pierre-Simon Laplace, a French astronomer and mathematician. As if his work on that theorem was not enough to make him one of my heroes, I recently…