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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Washington Post. Show all posts
Showing posts with label Washington Post. Show all posts
Monday, July 06, 2009

Survivorship Bias: A Great Musician Plays Great Music But No One Hears

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What happens if one of the best musicians popped up at a corridor of a stereotyped arcade unannounced, garbed in a nondescript attire (to a...
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