Self-Interest Fallacy

You have heard Self-Interest Fallacy at a dinner table, perhaps from an uncle, perhaps from yourself. It is a common family inheritance.

Once you can name this fallacy, you will hear it everywhere — in advertisements, in debates, in your own head at 2 a.m. Do not despair. Hearing it is the beginning of escaping it.

Think of the student the night before the board exam, and the same student the morning after results. One believes time is an enemy; the other discovers it was only a mirror.

Time is the one currency the Reserve Bank does not print more of. Keep it like a good key: accessible, unlabelled, and used often.