The Lord Scroop Fallacy

The “banzhaf Fallacy” Fallacy

The Gardens of the Lord

Lord Lister

i hp; medical man who wishes to gain a clear idea of the broad foundations upon which modern medicine and surgery are based should read two great books which are almost twin classics; Rene Vallery Radot's Life of Pasteur" (English translation by Mrs. Devonshire), and Sir Rickman Godlee's "Lord Lister," the re-appearance of which in a third edition we cordially welcome. Both are finely written s...

The Risk-return Fallacy

We assume that in the world of business, higher risks are only taken when rewarded with higher expected returns. This supposition has been confirmed empirically using capital market data. However, accounting measures have yielded puzzling results: using the mean and variance of ROE as measures of return and risk, respectively, Bowman (1980) and other researchers find a negative relationship bet...

The Abstract Meaning Fallacy

rights provisions are valuable even if their contours are not fully determined in advance. They shape the way that political actors understand and articulate the values inherent in the political system; they shape the beliefs of political actors about what they can and cannot do, what they are fighting for and what they are fighting against. But rights are less valuable, indeed not really valua...