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Volume 3 – Number 1

Correlation or Causation?

Correlation does not necessarily mean causation. These funny charts help to prove that point.

The Substitution Principle

In the instances where our brains supply instant judgments or quick answers to questions, it may be that we are actually solving a problem different from the one posed.

What Industrial Safety Can Teach About Preventing Financial Meltdowns

It turns out industrial accidents and financial disasters have a lot in common.

Europe’s Vicious Spiral

Europe must deal with two economic spirals: the capitalization of the banking sector and the negative effects of fiscal consolidation upon the economy.

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  • Risk is not knowing what you’re doing. — Warren Buffett