Category Reason
The Pareto Principle, also known as the 80/20 rule, is a principle of economics that suggests that for the majority of outcomes, the majority of output is determined by a minority of the inputs. In other words, the small amount… Continue Reading →
Humans face many difficult decisions in life, from deciding where to shop for groceries to a complex career path. With so many choices available, how do we know which path is the easiest and most efficient? Enter Occam’s Razor, a… Continue Reading →
Are you tired of feeling overwhelmed by your never-ending to-do list? Do you struggle to prioritize your tasks and find yourself constantly procrastinating? If so, it may be time to try the Eisenhower Matrix. Named after former U.S. President Dwight… Continue Reading →
One commonly known tendency of humans is that we are often more afraid of loss than we are motivated by the possibility of gain. While this feature of humans often works in our favor, there are many times when it… Continue Reading →
Is Price Gouging Really That Bad?
Sticky post
Anytime there is a storm or some other disaster I often hear the mention of price gouging. Whether discussed on the local news or Facebook comments, price gouging is almost always portrayed in a negative light. What is Price Gouging? Price gouging… Continue Reading →