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General knowledge

How to Create a Mind Map - A Method for Generating Ideas

This time, I would like to put together material about mind mapping, a technique frequently used to discover (generate) new ideas. Whereas brainstorming, another method for generat

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Statistics

Numbers That Flip When Combined: Simpson's Paradox

Simpson's paradox is the phenomenon in which a relationship seen within separate groups weakens or even reverses when the groups are combined. This article covers its definition, w

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Economics

The Pricier, the More Desirable: The Veblen Effect

Some goods sell better the more their prices rise. This article explains the Veblen effect, in which the desire to show off drives up demand, covering its meaning and origins, how

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General knowledge

Reaching an Answer by Rough Estimate: Fermi Estimation

Fermi estimation breaks an unknown quantity into numbers you already know, roughly estimates each piece, and multiplies them to get the order of magnitude. This article covers the

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Economics

Getting Sick from a Flood of Money: Dutch Disease

Dutch Disease is the phenomenon in which a sudden boom in one sector, such as natural resources, causes other export industries like manufacturing and agriculture to decline. This