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The normalcy bias, or normality bias, refers to a mental state
The normalcy bias, or normality bias, refers to a mental state people enter when facing a disaster. It causes people to underestimate both the possibi...

Gresham’s law, observation in economics that “bad money drives
Gresham’s law, observation in economics that “bad money drives out good.” More exactly, if coins containing metal of different value have the sa...