The Mania of Boom & Bust

The perception that we learn from our mistakes is just one in a long-list of cognitive and behavioural biases that exist in the human mind. As WIRED reported in 2009, “Researchers from MIT have shown that the brain learns more after a success than a failure. This study indicates, contrary to previous research, that neurons in the brain are able to keep a memory of recent success and failures during learning and performed better after…

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