Tag Archives: paradigms

The Case for Rational Optimism

LISTEN: The Case for Rational Optimism(mp3audio) (10:20 min) “For 200 years pessimists have had all the headlines, even though the optimists have far more often been right. Arch-pessimists are feted, showered with honors and rarely challenged with their past mistakes.” … Continue reading

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Understanding the “Real Cost” of Financial Decisions Takes Some Imagination

One of the standard methods of assessing the desirability of a particular financial decision is to evaluate the benefits and associated costs. But what is the true cost of a financial decision? Even in the simplest transaction, the cost isn’t … Continue reading

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Taming the Invisible Gorilla

LISTEN: Taming the Invisible Gorilla (mp3audio) (17:21 min) Have you heard the one about the invisible gorilla? Two researchers created a short video of two groups of students passing a basketball to one another. The video lasted about 45 seconds … Continue reading

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