The concept comes from the work of Edward Norton Lorenz, a mathematician and meteorologist who defined the butterfly effect as: “The phenomenon that a small alteration in the state of a dynamical ...

Tariffs are also known as duties, but one reason tariff is the preferred word is that duties can have multiple meanings – for example, alcohol duty ... in future announcements. The phrase butterfly ...

And it paints a troubling picture not only for butterflies but for insect life as a whole. The phrase “butterfly effect” describes how a small action, like a butterfly flapping its wings, can lead to ...

Think of it as the “butterfly effect” — the idea that something as small as the flapping of a butterfly’s wings can eventually lead to a major event such as a hurricane — in reverse.

Ben Bernanke popularized the wealth effect theory during the financial crisis in 2008. In his words, “higher stock prices will boost consumer wealth and help increase confidence, which can also ...

Take these examples from real life ... but they can lead to meaningful results over time. Chaos Theory and the Butterfly Effect both remind us that life is full of hidden connections and surprising ...