09-28-2009, 07:18 AM
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#18
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Join Date: Feb 2005
Location: New Hampster!
Posts: 19,377
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Re: I think this says it all why we won today
Quote:
Originally Posted by jbb9s
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"Belichick also seems to understand an idea that economists call "hyperbolic discounting," which holds that people tend to place too much value on the here and now. Taking advantage of this, the team made two trades during last year's draft that essentially swapped a lower pick in 2003 for a higher one in 2004"
Hmmm, BB has taken this to a new dimension with the trade of 93 into the far future.
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Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty.
This is known as "bad luck." RAH
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