The Crazy Years

[CTLaw]

@civilwestman

Not long ago, one of the MSM talking heads made a similar statement about some billionaire being able to give everyone a million dollars. Only off by about 6 orders of magnitude. If the feds confiscated the annual income, maybe even the entire assets of every billionaire, it would not make a dent in the annual deficit, much less the national debt.

The Brian Williams Memorial Murray Gell-Mann Amnesia Effect Reading Room

Michael Crichton coined the term “Murray Gell-Mann Amnesia Effect” after his friend the Nobel Prize-winning physicist. Gell-Mann’s name was used to invoke the concept that we all may be experts in particular fields (his being physics). The amnesia effect is that you read a story in a publication on a subject you know about and find numerous errors. You then turn to the next story (on a subject you know less about) and, forgetting your earlier experience, assume it is any more accurate. Here we…