Angry Bear points me to the beginning of what promises to be an excellent series of posts about Bad Thinking Habits.

His list of Bad Thinking Habits he promises to analyze includes:,

*Choice of percentages vs. dollars. [See my confession below.]

*All-or-nothing thinking. [Stay tuned.]

*Confusing hindsight with foresight, or hindsight with insight.

*Being a slave to habits.

*Filtering out unwanted conclusions.

*Staying married to earlier positions. (Being born to a belief; being a victim of history or family.)

*Focusing too much on arbitrary time segments (years, months, weeks) when time is continuous.

*Failing to account for diminishing marginal utility.

*Overgeneralization.

*Overly strong or weak time preference.

*Changing value of time vs. money

*Splitting the difference when inappropriate.

Coming from a respected economist (and former Dallas Federal Reserve Bank President & CEO), this can’t be too bad, even if I don’t necessarily agree with his economic positions.