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Category Archives: Pelham’s Laws
Pelham’s Second Law of Political Solutions: In a society of cognitive misers, government’s interest in solving problems increases in direct proportion to the amount of personal benefit the governors expect to gain from the proposed solution.
Pelham’s Law of Political Solutions: In a society of cognitive misers, the more popular a political solution is, the less likely it is to be effective for its stated purpose.
Pelham’s Law of Cognitive Error: “I am most likely wrong about many things.” Cognitive science has solidly identified certain traits of human behavior by which people operate habitually at a sub-optimal level. We make frequent cognitive errors, some of which … Continue reading