Veblen goods clearly exist, but the evidence for the existence of Giffen goods is much more suspect. (Did the poor really eat more bread because the price of bread rose, or because there was an across-the-board increase in the price of all kinds of food?)
The Precautionary Principle is not just dangerous or harmful, but guaranteed suicide; as things stand right now, we are all under a death sentence. It needs to be replaced by the Proactionary Principle, which recognizes that we need to keep making progress and putting on the brakes is something that needs to be justified by evidence.
Any list that has sections for both business and programming needs some entry for the very common fallacy that you can get more done by working more hours; in reality, you get less done in a sixty-hour week than a forty-hour one. (Maybe more in the first such week, but the balance goes negative after that.)
The distinction between fixed and growth mindset is well and good as far as it goes, but when we encourage the latter, we need to beware of the fallacious version that assumes we can conjure a market into existence by our own efforts. You can't become a movie star or an astronaut no matter how hard you try, not because you lack innate talent, but because the market for those jobs is much smaller than the number of people who want to do them.
Veblen goods clearly exist, but the evidence for the existence of Giffen goods is much more suspect. (Did the poor really eat more bread because the price of bread rose, or because there was an across-the-board increase in the price of all kinds of food?)
The Precautionary Principle is not just dangerous or harmful, but guaranteed suicide; as things stand right now, we are all under a death sentence. It needs to be replaced by the Proactionary Principle, which recognizes that we need to keep making progress and putting on the brakes is something that needs to be justified by evidence.
Any list that has sections for both business and programming needs some entry for the very common fallacy that you can get more done by working more hours; in reality, you get less done in a sixty-hour week than a forty-hour one. (Maybe more in the first such week, but the balance goes negative after that.)
The distinction between fixed and growth mindset is well and good as far as it goes, but when we encourage the latter, we need to beware of the fallacious version that assumes we can conjure a market into existence by our own efforts. You can't become a movie star or an astronaut no matter how hard you try, not because you lack innate talent, but because the market for those jobs is much smaller than the number of people who want to do them.