It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently. – Warren Buffett One look at the media, mainstream, social, alternative, or otherwise, and this is a painfully true quote. Whether it’s the latest Everyone Forward This story on Facebook, a chronically… Continue reading The Difficulty of Reputation
Every time there is a proposal to create, remove, or change a government program, one of the complaints that inevitably arises is that some group of people is going to be harmed by it. Economics Review If you aren’t familiar with economics, the key thing to understand is it looks at the choices involved in… Continue reading Changing Things Hurts Someone!
One of the most frustrating events that I encounter when debating topics goes roughly as follows: Me: Data indicates that 90% of cats are shy. Other person: I had a cat when I was a kid that was friendly with everybody! The reason it particularly annoys me is I’m a mathematician. I’ve studied statistics, taught… Continue reading Statistics vs Personal Experience
When discussing a variety of social issues, one of the concerns that will tend to arise are the various economic impacts, as well as which economic system is preferable as a guiding principle. The problem is, many people are not very educated about the facts of what economics is, nor what the realities of various… Continue reading On Christianity and Economic Systems
One of the consistent cries we hear from people who want to see more money allocated to various programs is that, “We need more money to fix [favorite program]!” Contrary to popular belief, it doesn’t always work. The Idea The idea is simple: if a program/department/whatever is failing to achieve desired goals, it is probably caused… Continue reading Throwing Money At a Problem Doesn’t (Necessarily) Fix It
One of the more common logical fallacies is the slippery slope. Bad event A could lead to Worse event B, which creates Catastrophic event C. While it’s a possible chain of events, it leaves out any consideration of the likelihood. This is a fair critique of many things, because generally A doesn’t lead to B, much… Continue reading It’s Not THAT Bad!
A little less than a month ago, I sold my house. Well, more properly, my father had power of attorney and we were using a property manager to do all the nitty-gritty. I blame the time zone difference. Sure, I told my coworkers and friends, “I sold my house,” with a smile. Sure, I felt… Continue reading PD in Full