Littlewood’s law

From Wikipedia:

Littlewood’s law, making certain suppositions, is explained as follows: Littlewood defines a miracle 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.

(via J-Walk)

Best Books About the Current Economic Climate

From the Washington Post:

We asked a number of smart people — inside and outside economics and finance — to scan their bookshelves for answers. Though there is no single book that can sum up and explain the current conditions, we asked each of our contributors for one book they would recommend to their neighbor, their daughter, their aunt, their barber, priest, rabbi or best friend to help them gain some perspective on these volatile times.

We imposed only one rule: You cannot recommend a book you wrote or edited. After that, no rules. It could be a macro-economics text, a popular history or a novel.