People are reasonably good at estimating how things add up, but for compounding, which involved repeated multiplication, we fail to appreciate how quickly things grow.
Paul RomerRead
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People are reasonably good at estimating how things add up, but for compounding, which involved repeated multiplication, we fail to appreciate how quickly things grow.
I've been very sensitive for a long time to the repeated pattern, during economic hard times or after a war, of the United States' essentially unilaterally disarming.
I don't think any of us knew the dangers of repeated concussions or the fact that even when you got a concussion, the idea to go get treatment for it never entered our minds. We just didn't have - we weren't educated enough. We were really ignorant to it. I would get concussions in my early 20s racing, and it was a bit of a badge of honor.
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