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Archive: December 11, 2014

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a few fallacies

Thursday,  12/11/14  10:46 PM

correlation vs causalityA few fallacies, for your consideration...  #1 is my personal favorite, correlation vs causality.

Speaking of fallacies, Minimum Wage, Maximum Ignorance.  "Once upon a time, the minimum wage, like free trade, was a basic test of whether you were awake in the first week of econ 1."  Of all the liberal economic canards, this one is my favorite.  Socialism does not work, period.

[Update: Elizabeth Warren: Minimum Wage Would Be $22 An Hour If It Had Kept Up With Productivity.  This is a beautiful example of both fallacies highlighted above, combined!]

Paul Graham: The Final Pinch.  "There may be nothing founders are so prone to delude themselves about, as how interested investors will be in giving them additional funding."  Ouch.

[apparently] sinking tablewareThis is pretty cool: Tableware appears to sink into the table.  These mats could be useful for explaining gravity :)

Ev Williams, founder of Blogger, Twitter, and Medium, [re]launches a venture fund called Obvious Corp.  Cool!

skiing line of the year = batshit crazy!And finally, I agree with Kottke: this skiing line of the year is batshit crazy.  Just when you think you've seen everything, you realize "everything" is so much more than you thought.

 
 

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