The Pareto Principle, or 80/20 rule, asserts that 80% of outcomes stem from 20% of causes. Introduced by Italian economist Vilfredo Pareto, who noted that 80% of Italy's land was owned by 20% of the ...

Discover the principles of laissez-faire economics, its historical context, benefits, and drawbacks. Learn why this ...

The 5 Principles of Effectuation: A New Way of Problem-Solving for Veteran Entrepreneurs FedEx founder Frederick Smith, a Marine Corps veteran who kept the company afloat by any means necessary.

Responsible AI principles should be a critical component of any organization’s AI ecosystem, with an approach that balances ...

Even though Kwanzaa isn’t as widely celebrated as it used to be, its seven principles still hold true for some. Here’s a look at what those principles are, and what they mean.

Principles — first truths — are what make education possible. The Latin principium means “source,” and principalis means ...

In an earlier article, I introduced the "restricting claims principle" (RCP) to explain what is right about the means principle: the idea that it is harder to justify causing or allowing someone to ...

Even though Kwanzaa isn’t as widely celebrated as it used to be, its seven principles still hold true for some. Here’s a look at what those principles are, and what they mean.