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Logic and Economic Thinking - Reasoning

Logic and Economic Thinking - Reasoning

One Minute Economics via YouTube Direct link

The Gambler's Fallacy (AKA Monte Carlo Fallacy or Fallacy of Statistics) Explained in One Minute

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The Gambler's Fallacy (AKA Monte Carlo Fallacy or Fallacy of Statistics) Explained in One Minute

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Classroom Contents

Logic and Economic Thinking - Reasoning

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  1. 1 Deduction vs. Induction (Deductive/Inductive Reasoning): Definition/Meaning, Explanation & Examples
  2. 2 Logical Fallacies in One Minute: Non Sequitur, Ad Hominem, Red Herring, Straw Man and Slippery Slope
  3. 3 The Gambler's Fallacy (AKA Monte Carlo Fallacy or Fallacy of Statistics) Explained in One Minute
  4. 4 Loss Aversion and the Sunk Cost Fallacy Defined & Explained in One Minute
  5. 5 The Scientific Method in One Minute: Definition, Explanation, Steps and Examples in Research/Science
  6. 6 Study Types: Descriptive (Surveys) & Analytic (Randomized Controlled Trials, Observational Studies)
  7. 7 The Halo Effect, Reverse Halo Effect and Horn Effect Defined & Explained (w/ Examples) in One Minute
  8. 8 Zero-Sum Games and Win-Win/Lose-Lose Situations Compared in One Minute
  9. 9 The Greater Fool Theory Explained in One Minute: From "Definition" (Meaning) to Examples
  10. 10 Personal Finance for Young People (Young Adults/Professionals) in One Minute: Facts, Tips & Examples
  11. 11 Personal Finance for Older Adults (Including Senior Citizens/Retirees) in One Minute
  12. 12 Confirmation Bias in Decision Making Explained in One Minute: From Definition/Meaning to Examples
  13. 13 Contrarian Investing Defined/Explained in One Minute: Is Trading Against the Trend a Good Strategy?
  14. 14 The Economics Behind... Delegating Tasks/Responsibility? Delegation Explained in One Minute
  15. 15 The Risk to Reward Ratio Explained in One Minute: From Definition and "Formula" to Examples
  16. 16 The Risk and Probability of Ruin (When Investing/Trading) Explained in One Minute
  17. 17 Value Investing Explained in One Minute: The Intelligent Investor, Benjamin Graham & Warren Buffett?
  18. 18 Value Investing Explained in One Minute: The Intelligent Investor, Benjamin Graham & Warren Buffett?
  19. 19 Correlation Does Not Imply Causation: A One Minute Perspective on Correlation vs. Causation
  20. 20 Past Performance Does Not Guarantee Future Results: Popular Quote/Disclaimer Explained in One Minute
  21. 21 Survivorship Bias Explained in One Minute: From Definition/Meaning to Examples (Finance and Trading)
  22. 22 The Economics Behind Instant and Delayed Gratification Explained in One Minute: Consuming vs. Saving
  23. 23 Fear and Greed... in One Minute: Emotional vs. Rational Economic Thinking and Investment Decisions
  24. 24 The Lindy Effect Explained in One Minute: From Albert Goldman to Nassim Taleb, & Gold to... Bitcoin?
  25. 25 The Coase Theorem Explained: Coasean Bargaining Definition, Conditions/Assumptions and Examples
  26. 26 The Dunning-Kruger (David Dunning/Justin Kruger) Effect Explained: Definition/Meaning, Examples, ...
  27. 27 The Resource Curse (Paradox of Plenty) Explained: Definition/Meaning, Examples (Dutch Disease), etc.
  28. 28 The Alpha (Edge, Excess Return, Abnormal Rate of Return) of Investors/Traders Explained (One Minute)
  29. 29 The Fear of Missing Out (FOMO) When Investing/Trading Explained in One Minute
  30. 30 "Whales" Explained in One Minute: Well-Funded Investors/Traders Like JPMorgan Chase's "London Whale"
  31. 31 A Market for Lemons: George Akerlof, Information Asymmetry, Imperfect Information & Market Failures
  32. 32 Risk-On and Risk-Off (Safe Haven) Assets Explained: From Bonds (US Treasuries) to (Crypto)Currencies
  33. 33 From Bullish to Bearish: Market Sentiment (AKA Investor Sentiment/Attention) Explained in One Minute
  34. 34 Sovereign Debt (National, Government or Public Debt) Explained in One Minute: From Meaning to Crisis
  35. 35 Sovereign Debt (National, Government or Public Debt) Explained in One Minute: From Meaning to Crisis
  36. 36 (Broad) Types of Debt Levels Countries Have Explained in One Minute: Household, National & Corporate
  37. 37 Why and How Do Asset Prices Collapse? Minsky Moments (Hyman Minsky) Explained in One Minute
  38. 38 How Low Can Interest Rates Go? A One Minute Perspective on "Modern-Day" Central Banking Limits
  39. 39 From Deflationary Shock/Crash to Inflationary Spiral: A One Minute "Deflation to Inflation" Scenario
  40. 40 Is Hyperinflation a Threat for the United States or European Union Nations? A One Minute Perspective
  41. 41 Legitimate Recovery or Dead Cat Bounce (DCB)? Catching a Falling Knife Explained in One Minute
  42. 42 Pandemics and Complex Global Supply Chains: Supply Chain Complexity Explained in One Minute
  43. 43 Pandemics and Complex Global Supply Chains: Supply Chain Complexity Explained in One Minute
  44. 44 Was the COVID-19 Pandemic a Black Swan or White Swan Event?
  45. 45 How Likely Is a Currency Reset in 2020 and Beyond? Currency Resets Explained in One Minute
  46. 46 Stock Prices vs. Real Economy in One Minute: What Do Soaring Share Prices Tell Us About Main Street?
  47. 47 V-Shaped Recoveries Explained and Compared to U, W and L-Shaped Recovery Scenarios... in One Minute
  48. 48 Legal and Illegal Front-Running (Tailgating) Explained in One Minute: Buy the Rumor, Sell the News?
  49. 49 Will the 2020 Economic Crisis Turn into a Great or Greater Depression? A One Minute Perspective
  50. 50 Why the Market Can Remain Irrational Longer Than You Can Stay Solvent... Explained in One Minute
  51. 51 Why the Market Can Remain Irrational Longer Than You Can Stay Solvent... Explained in One Minute
  52. 52 Why the Market Can Remain Irrational Longer Than You Can Stay Solvent... Explained in One Minute
  53. 53 "Paper Profits" and "Paper Wealth" Explained in One Minute: Realized vs. Unrealized Gains
  54. 54 The Economics Behind Living Paycheck to Paycheck: Debt Over-Optimization Explained in One Minute
  55. 55 Will the Dollar Collapse Due to Low Interest Rates and Quantitative Easing? A One Minute Perspective
  56. 56 Can Central Banks Keep "Printing" Money/Currency Forever? Permanent Monetary Stimulus in One Minute
  57. 57 "Retail Bros" (Dave Portnoy) vs. "Suits" in One Minute: (Why) Do Most Retail Traders Lose Money?
  58. 58 From Japan to the US, EU and Beyond: Balance Sheet Recessions (Richard Koo) Explained in One Minute
  59. 59 The Wealth Effect Theory Explained in One Minute: Will/Should You Spend More If You "Feel" Richer?
  60. 60 (Why and How) The Rich Are Getting Richer... in One Minute: Context, Reasons and Consequences
  61. 61 US Dollar Crisis vs. Dollar Strength After a Crisis in the United States: One Minute, Two Scenarios
  62. 62 What Could Replace the Dollar? Potential USD Alternatives (Gold, Currencies, etc.) in One Minute
  63. 63 Unintended Consequences Explained in One Minute: From Definition to Examples
  64. 64 Can Governments and Central Banks Defeat the Business Cycle? A "New Paradigm" in One Minute
  65. 65 Deleveraging Explained in One Minute: From Definition to Examples
  66. 66 The Economics (NOT Politics) Behind K-Shaped Recoveries Explained in One Minute
  67. 67 The Problem(s) with too Much Debt Explained in One Minute
  68. 68 The Economics (?) Behind Polarization Explained in One Minute

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