When we are facing uncertainty, our brains are prone to using heuristics, or mental short-cuts to help us make decisions. These short-cuts are full of various biases that influence how we look at specific situations. There's nothing wrong with that. It's what makes us human. The best way to overcome
These headlines are shocking and certainly something I don't want to make light of. While it is indeed the worst number since the Great Depression, the way GDP is calculated does not fairly represent what is actually happening. The government takes the estimated economic output for the last three months,
As we start the 20th week of the Coronavirus panic in the U.S. in many ways it feels like we haven't made much progress. Cases are spiking in two heavily populated states, schools are trying to determine what they should do with their students, Congress is arguing over what
Like a prisoner, marking the days is a way to keep track of the passage of time. Days can blur together and it is easy to lose touch with the outside world. For the past 19 weeks I've been marking the weeks with the hope we'll be able to resume
When we are facing unknown situations our brains will try to find similar situations and then use it to make decisions. This is called representativeness bias. It can be especially dangerous because we may miss some critically different situations that render the past situation useless for decision making. This applies
