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Thanatos Savehn
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You do understand that these gaussian models of reality are everywhere, right? They undergird far more than simply exotic financial instruments. They're the basis for global warming calculations, EPA's risk assessments and OSHA's standard settings. The world that we knew is passing away. It's as if Einstein has overthrown Newton again but he forgot to give us the new paradigm.
Commented May 23, 2009 on A Right Skewering at Financial Armageddon
A Right Skewering
When it comes to skewering individuals and institutions with language, those who come from "across the pond" are in a class of their own. Though I'm not quite sure why the British are so adept at wielding carefully chosen words like razor-edged swords -- perhaps it stems from a unique combination...
Do-gooders sacrifice humans to the god of their personal reputation while sceptics cry "Wait!"; and yet they escape this universe unpunished. This is not news.
Commented May 13, 2009 on Desert Errors at Overcoming Bias
Desert Errors
A story worth pondering: In the summer of 1942 [Edward] Adolph, a physiologist at the University of Rochester in New York state, wanted to find out how people could live and work efficiently in the desert and how to get the best out of them. ... Adolph was the first to test the presumptions mos...
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