Economics and Philosophy

Today I have finished reading my book.

The name of my book is “The Duck that won the lottery”. The author is English philosopher, Julian Baggini.

The main idea that author wants to transmit to his readers is: people are using some foolish arguments all the time. It can be used by people in different spheres of life. For example: in the radio, in everyday life, at the television, at home, at the school etc.

The whole book consists of a 100 bad arguments. And each of argument has his own disprove. (Of course I’m not agree with some of themю

While reading this book I have noted that the most of examples has taken from everyday people’s life… And I can say approximately that quarter of them overlaps with my life situations.

For instance, let’s take 34th entire. This (my favorite) part of this book elucidates “The post facto rationalization”.

So here is the question, but what does it mean?? If we translate it from Latin into English it will sound like this: “Post facto rationalization”-“AFTER THE FACT”.

So as I understood it is the understanding and evaluating the result of situation after this event happened. For example you can see it in politic life.

All politicians as all people on the world are good in evaluating the situation after it happened.

Or regret of a passed chance to make better choice. I think each person sometimes feel sorry like this.

So, It can just mean something used retroactively(means having reverse power ). Normally, this phrase refers to some legal expression meaning a retroactive law. But not always.


In common it is interesting and exciting book. I would advise you to read it! =)