Economic Tidbits


“Littlewood’s law, making certain suppositions, is explained as follows: a miracle is defined as an exceptional event of special significance occurring at a frequency of one in a million; during the hours in which a human is awake and alert, a human will experience one thing per second (for instance, seeing the computer screen, the keyboard, the mouse, the article, etc.); additionally, a human is alert for about eight hours per day; and as a result, a human will, in 35 days, have experienced, under these suppositions, 1,008,000 things. Accepting this definition of a miracle, one can be expected to observe one miraculous occurrence within the passing of every 35 consecutive days — and therefore, according to this reasoning, seemingly miraculous events are actually commonplace.” Website Psychology Wiki, explaining Littlewood’s Law posited by Cambridge University math professor John Littlewood.

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