, , , ,

One of the first few experiments in psychology were scary. Little Albert, a small baby, was taught/conditioned to fear animals. Apart from the ethics of the experiments, the researcher burnt the papers before his death. Nobody knew what happened to baby Albert till scientists tried to find what had become of little Albert.


Why do we look forward to forecasts about our economy and the world’s economy even when so many forecasts go wrong? Here’s a quote from the article: “economists should bear in mind that no self-respecting dentist would be caught dead forecasting when your teeth will fall out”.