Month: April 2022

The Magnitude Fallacy

The Magnitude Fallacy

Humans are worriers. It’s what we do. Some more than others, of course – my late Italian grandmother could have won an Olympic gold medal in it – but there are legitimate scientific underpinnings to this. Statistically speaking, humans are not good at estimating probabilities or risk. In his book Innumeracy, author John Allen Paulos …

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