Showing posts with label scarcity. Show all posts
Showing posts with label scarcity. Show all posts

Wednesday, January 11, 2012

The Economics of Attention

Earlier this morning, I was discussing the tendency of individuals to talk more when they know less. SMBC also brought this point up by planting the flag on the summit of Mt. Stupid. While it may seem like an obvious observation, why is it that the less you know, the more you talk?