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September 17, 2017

The learned helplessness of Equifax

 Is there a formal name for the fallacy of assuming that the status quo is sane? Such a name would become more useful with each passing year. There are a shocking number of examples, but I give you, as a perfect, vivid, front-of-mind example, the credit rating system of the United States of America, as exemplified by that radioactive disaster of a company called Equifax. It is well understood… Read More


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