The most successful people are not the most talented, just the luckiest, a new computer model of wealth creation confirms. Taking that into account can maximize return on many kinds of investment.
Source: technologyreview.com
When making hard decisions, do you go with your gut or try to calculate the risks? In many cases going with your gut is fine, but the answers to our February puzzle problems show how explicit probabilistic thinking can outperform intuitive estimates. They also highlight the differences between situations where an intuitive approach succeeds and ones where it fails.
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Can you trust the world to be consistent? Scientists don’t have much choice. They need to assume that objective observations of the universe can be trusted.
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We were driving on the lake bottom, yet we were more than 12,000 feet above sea level. The spring air was lip-chapping dry. Many of the fishing villages that have relied on Lake Poopó for thousands of years have emptied too, and we drove past clusters of abandoned adobe homes.
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