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781 articles found
Economics
Can rebuilding after a disaster or war really make a society richer? This piece explains the broken window fallacy through Frédéric Bastiat’s 1850 parable of the seen and the unsee
General knowledge
The Nobel Prize is one of the world's most prestigious awards, presented annually to individuals or organizations that have achieved outstanding accomplishments in their respective
Business administration
In this article, we will explore two principles that can be applied in various fields, including marketing in business administration, economics, and statistics: the Pareto princip
Economics
Why can good products disappear from a market where buyers cannot judge quality? This article covers Akerlof's 1970 paper, how adverse selection drives good goods out, examples bey
Chemistry
Chemical catalysts are essential substances for accelerating chemical reactions or optimizing reaction conditions. Catalysts can maximize reaction efficiency without being consumed
Statistics
Probability sampling randomly selects cases so that every member of a population has a known probability greater than zero of being chosen for the sample; these probabilities need
Psychology
Anger is one of the most powerful and primal emotions humans can experience. This emotion is shaped in complex ways by biological, psychological, and social factors, and it affects
Education
Lifelong learning plays an important role in continuous personal development and adaptation to personal and societal changes. It enables individuals to acquire new knowledge and sk
General knowledge
Godwin’s Law is the internet adage that the longer an online discussion grows, the closer the probability of someone comparing others to Nazis or Hitler gets to 1. This article cov
Economics
Life is a series of choices. From the smallest questions when we open our eyes in the morning, such as "Should I sleep for 5 more minutes, or get up now?", to major decisions that
General knowledge
Murphy's Law is the rule of thumb that anything that can go wrong eventually will. This piece covers its origins in the U.S. Air Force's MX981 rocket sled tests and Edward Murphy's
Statistics
An easy introduction to non-probability sampling in statistics, which selects samples based on the researcher's judgment or convenience, covering convenience, judgment (purposive),
