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Thumbnail of The Sunk Costs Fallacy

The Sunk Costs Fallacy

Published 176 days ago in Inspirational. Submitted by thefox

In economics we have this concept of sunk costs, referring to costs that have already been incurred, but which cannot be recouped. Sunk cost fallacy refers to the fallacy of honoring sunk costs, which decision-theoretically should just be ignored.

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Thumbnail of The Bizarre Behavior of Rotating Bodies, Explained

The Bizarre Behavior of Rotating Bodies, Explained

Published 185 days ago in Science. Submitted by thefox

Spinning objects exhibit strange instabilities known as The Dzhanibekov Effect or Tennis Racket Theorem - this video offers an intuitive explanation.

Thumbnail of Diane Abbott vs basic maths & logic

Diane Abbott vs basic maths & logic

Published 200 days ago in Ownage. Submitted by thefox

Thinking of voting Labour in the upcoming election? Here's Diane Abbott. This woman could be given the job of Home Secretary in a Labour government. If you're not horrified by that prospect, you certainly should be. Take a look at this clueless woman's extremely feeble grip on re…
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Thumbnail of Douglas Murray | The Dictatorship of Minorities

Douglas Murray | The Dictatorship of Minorities

Published 200 days ago in Inspirational. Submitted by thefox

In his new book ‚Madness of the Crowds‘ Douglas Murray describes vividly how demands of an ever growing number of minorities are influencing our everyday lives and already yield more influence than your average ‚normal’ person. In our interview Douglas Mur…
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Immigration is Bad For Britain

Published 203 days ago in Inspirational. Submitted by thefox

Douglas Murray raises the point that the argument often used for immigration is that there are jobs that British people will not do, he says that this is racist. He quotes statistics from studies showing that the British people think that there is too much immigration happening i…
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