Chesterton Fence

"Many critics, especially the most ardent and philosophically savvy, tend to read my book, limit themselves to its title" Richard Dawkins





You are a traveler who meets a fence in the middle of a field. If you do not know for what purpose this fence is installed, the worst solution is to demolish it. Moreover, this decision is bad precisely because you do not know the functional purpose of the fence. Perhaps he is protecting you from something very dangerous. It may not be used in the way you think it is. One way or another, your ignorance of the tasks that this fence performs is not at all a reason to demolish it. 





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  • The assessment of the value of the fence should not be influenced in any way by the resources spent on it. If this is an old fence that cost a lot of money and is useless, it needs to be demolished. If we spent a lot of time trying to study some non - working model , this should not become an argument for the usefulness of this model (however, I plan to develop this idea in the article on sunk losses).






Pss.  And I also have a  channel in the telegram .








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