What’s the greatest shortcoming of the human race? I’m sure we all have some suggestions, but according to physicist Albert Bartlett, it is “our inability to understand the exponential function.” ...

Exponential growth is a notoriously difficult concept to understand. This difficulty can be illustrated by an old Indian legend about a king who was tricked by one of his advisers, saying "Noble lord, ...

A variable undergoing logistic growth initially grows exponentially. After some time, the rate of growth decreases and the function levels off, forming a sigmoid, or s-shaped curve. For example, an ...