20. Even maths is contextual.
£100
Heads, win 50%
Tails, lose 40%
£100
Heads, win 50%
Tails, lose 40%
£100
Heads, win 50%
Tails, lose 40%
£100
Heads, win 50%
Tails, lose 40%
From the work of Ole Peters & Alex Adamiou, London
Mathematical Laboratory
21. One bet, four people
£150
H
£60
T
£150
H
£60
T
Starting with £100 each, rises to £420
22. Two bets, four people
£225
HH
£90
HT
£90
TH
£36
TT
Starting with £100 each, rises to £441
41. “There is no sensible distinction
to be made in a restaurant
between the value created by
the man who cooks the food
and the value created by the
man who sweeps the floor.”
Nationalökonomie: Theorie des Handelns und Wirtschaftens – Ludwig von Mises
42. If you have a creative suggestion,
you have to present it to rational
people for approval.
Note, this rule never applies
the other way round.