|
Laws Of Holes
The law of holes, or the first law of holes, is an adage which states: "If you find yourself in a hole, stop digging." It is used as a metaphor, warning that when in an untenable position, it is best to stop making the situation worse. The second law of holes is commonly known as: "When you stop digging, you are still in a hole." Background When it is said, "if you find yourself in a hole, stop digging", it is because digging a hole makes it deeper and therefore harder to get out of. Attribution The adage has been attributed to a number of sources. It appeared in print on page six of ''The Washington Post'' dated 25 October 1911, in the form: "Nor would a wise man, seeing that he was in a hole, go to work and blindly dig it deeper..." In 1983, Bill Brock was quoted "Let me tell you about the law of holes: If you find yourself in a hole, stop digging." In the United Kingdom, it has been referred to as "Healey's first law of holes" after politician Denis Healey, who used the adage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adage
A proverb (from ) or an adage is a simple, traditional saying that expresses a perceived truth based on common sense or experience. Proverbs are often metaphorical and are an example of formulaic speech, formulaic language. A proverbial phrase or a proverbial expression is a type of a conventional saying similar to proverbs and transmitted by oral tradition. The difference is that a proverb is a fixed expression, while a proverbial phrase permits alterations to fit the grammar of the context. Collectively, they form a folklore genre, genre of folklore. Some proverbs exist in more than one language because people borrow them from languages and cultures with which they are in contact. In the West, the Bible (including, but not limited to the Book of Proverbs) and medieval Latin (aided by the work of Erasmus) have played a considerable role in distributing proverbs. Not all Biblical proverbs, however, were distributed to the same extent: one scholar has gathered evidence to show th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mike Mulligan And His Steam Shovel
''Mike Mulligan and His Steam Shovel'' () is a children's book by Virginia Lee Burton. First published in 1939, it features Mike Mulligan and his steam shovel Mary Anne. It is considered a classic favorite of children's literature: based on a 2007 online poll, the National Education Association listed the book as one of its "Teachers' Top 100 Books for Children." An animated short film of the same name, directed by Michael Sporn, narrated by stand-up comedian Robert Klein, was adapted from the book and first aired by HBO in 1990; it has been regularly shown as an "HBO Storybook Musical" and has been released on DVD. Plot After many years working together, Mike Mulligan and his classic steam-powered motor shovel Mary Anne face competition from the modern gasoline, electric and diesel-powered shovels. Searching for work, they find a small town about to build a new town hall. Mike offers that if he and Mary Anne can't do the job of digging the cellar in a single day, the town won ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
20th Century In Philosophy
Contemporary philosophy is the present period in the history of Western philosophy beginning at the early 20th century with the increasing professionalization of the discipline and the rise of analytic and continental philosophy. The phrase "contemporary philosophy" is a piece of technical terminology in philosophy that refers to a specific period in the history of Western philosophy (namely the philosophy of the 20th and 21st centuries). However, the phrase is often confused with modern philosophy (which refers to an earlier period in Western philosophy), postmodern philosophy (which refers to some philosophers' criticisms of modern philosophy), and with a non-technical use of the phrase referring to any recent philosophic work. Professionalization Process Professionalization is the social process by which any trade or occupation establishes the group norms of conduct, acceptable qualifications for membership of the profession, a professional body or association to oversee th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1911 Quotations
Events January * January 1 – A decade after federation, the Northern Territory and the Australian Capital Territory are added to the Commonwealth of Australia. * January 3 ** 1911 Kebin earthquake: An earthquake of 7.7 Moment magnitude scale, moment magnitude strikes near Almaty in Russian Turkestan, killing 450 or more people. ** Siege of Sidney Street in London: Two Latvian people, Latvian anarchists die, after a seven-hour siege against a combined police and military force. Home Secretary Winston Churchill arrives to oversee events. * January 4 – Comparison of the Amundsen and Scott expeditions, Amundsen and Scott expeditions: Robert Falcon Scott's British Terra Nova Expedition, ''Terra Nova'' Expedition to the South Pole arrives in the Antarctic and establishes a base camp at Cape Evans on Ross Island. * January 5 – Egypt's Zamalek SC is founded as a general sports and Association football club by Belgian lawyer George Merzbach as Q ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1910s Neologisms
Year 191 ( CXCI) was a common year starting on Friday of the Julian calendar. At the time, it was known as the Year of the Consulship of Apronianus and Bradua (or, less frequently, year 944 ''Ab urbe condita''). The denomination 191 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Parthia * King Vologases IV of Parthia dies after a 44-year reign, and is succeeded by his son Vologases V. China * A coalition of Chinese warlords from the east of Hangu Pass launches a punitive campaign against the warlord Dong Zhuo, who seized control of the central government in 189, and held the figurehead Emperor Xian hostage. After suffering some defeats against the coalition forces, Dong Zhuo forcefully relocates the imperial capital from Luoyang to Chang'an. Before leaving, Dong Zhuo orders his troops to loot the tombs of the Han emperors, and then destroy Luoya ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yale University Press
Yale University Press is the university press of Yale University. It was founded in 1908 by George Parmly Day and Clarence Day, grandsons of Benjamin Day, and became a department of Yale University in 1961, but it remains financially and operationally autonomous. , Yale University Press publishes approximately 300 new hardcover A hardcover, hard cover, or hardback (also known as hardbound, and sometimes as casebound (At p. 247.)) book is one bookbinding, bound with rigid protective covers (typically of binder's board or heavy paperboard covered with buckram or other clo ... and 150 new paperback books annually and has a backlist of about 5,000 books in print. Its books have won five National Book Awards, two National Book Critics Circle Awards and eight Pulitzer Prizes. The press maintains offices in New Haven, Connecticut and London, England. Yale is the only American university press with a full-scale publishing operation in Europe. It was a co-founder of the dist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Statesman
''The New Statesman'' (known from 1931 to 1964 as the ''New Statesman and Nation'') is a British political and cultural news magazine published in London. Founded as a weekly review of politics and literature on 12 April 1913, it was at first connected with Sidney Webb, Sidney and Beatrice Webb and other leading members of the socialist Fabian Society, such as George Bernard Shaw, who was a founding director. The longest-serving editor was Kingsley Martin (1930–1960), and the most recent editor was Jason Cowley (journalist), Jason Cowley, who assumed the post in 2008 and left in 2024. Today, the magazine is a print–digital hybrid. According to its present self-description, it has a modern Liberalism in the United Kingdom, liberal and Independent progressive, progressive political position. Jason Cowley (journalist), Jason Cowley, the magazine's editor, has described the ''New Statesman'' as a publication "of the left, for the left" but also as "a political and literary magaz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pyrrhic Victory
A Pyrrhic victory ( ) is a victory that inflicts such a devastating toll on the victor that it is tantamount to defeat. Such a victory negates any true sense of achievement or damages long-term progress. The phrase originates from a quote from Pyrrhus of Epirus, whose triumph against the Romans in the Battle of Asculum in 279 BC destroyed much of his forces, forcing the end of his campaign. Etymology A "Pyrrhic victory" is named after King Pyrrhus of Epirus, whose army suffered irreplaceable casualties in defeating the Romans at the Battle of Heraclea in 280 BC and the Battle of Asculum in 279 BC, during the Pyrrhic War. After the latter battle, Plutarch relates in a report by Dionysius: In both Epirote victories, the Romans suffered greater casualties, but they had a much larger pool of replacements, so the casualties had less impact on the Roman war effort than the losses had on the campaign of King Pyrrhus. The report is often quoted as: or Examples War This ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sunk Cost Fallacy
In economics and business decision-making, a sunk cost (also known as retrospective cost) is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with '' prospective costs'', which are future costs that may be avoided if action is taken. In other words, a sunk cost is a sum paid in the past that is no longer relevant to decisions about the future. Even though economists argue that sunk costs are no longer relevant to future rational decision-making, people in everyday life often take previous expenditures in situations, such as repairing a car or house, into their future decisions regarding those properties. Bygones principle According to classical economics and standard microeconomic theory, only prospective (future) costs are relevant to a rational decision. At any moment in time, the best thing to do depends only on ''current'' alternatives. The only things that matter are the ''future'' consequences. Past mistakes are irrelevant. Any cos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Washington Post
''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington metropolitan area and has a national audience. As of 2023, the ''Post'' had 130,000 print subscribers and 2.5 million digital subscribers, both of which were the List of newspapers in the United States, third-largest among U.S. newspapers after ''The New York Times'' and ''The Wall Street Journal''. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. In 1933, financier Eugene Meyer (financier), Eugene Meyer purchased it out of bankruptcy and revived its health and reputation; this work was continued by his successors Katharine Graham, Katharine and Phil Graham, Meyer's daughter and son-in-law, respectively, who bought out several rival publications. The ''Post ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gresham's Law
In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation. The law was named in 1857 by economist Henry Dunning Macleod after Sir Thomas Gresham (1519–1579), an English financier during the Tudor dynasty. Gresham had urged Queen Elizabeth to restore confidence in then- debased English currency. The concept was thoroughly defined in Renaissance Europe by Nicolaus Copernicus and known centuries earlier in classical Antiquity, the Near East, and China. "Good money" and "bad money" Under Gresham's law, "good money" is money that shows little difference between its nominal value (the face value of the coin) and its commodity value (the value of the metal of which it is made, often precious metals, such as gold or silver). The price spread betwe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Escalation Of Commitment
Escalation of commitment is a human behavior pattern in which an individual or group facing increasingly negative outcomes from a decision, action, or investment nevertheless continue the behavior instead of altering course. The actor maintains behaviors that are irrational, but align with previous decisions and actions. Economists and behavioral scientists use a related term, ''sunk-cost fallacy'', to describe the justification of increased investment of money or effort in a decision, based on the cumulative prior investment (" sunk cost") despite new evidence suggesting that the future cost of continuing the behavior outweighs the expected benefit. In sociology, ''irrational escalation of commitment'' or ''commitment bias'' describe similar behaviors. The phenomenon and the sentiment underlying them are reflected in such proverbial images as "throwing good money after bad", or "In for a penny, in for a pound", or "It's never the wrong time to make the right decision", or "I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
