A bit of a flutter

I went off Nate Silver a bit when I read The Signal and the Noise because I thought he was a bit scanty in explaining Bayesian analysis but mostly because he goes on about how true Bayesians should be prepared to back up their assessments of probabilities with a wager …

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Congratulations, Nerds

If you don’t like the state (read: if you don’t like paying taxes or welfare) its backing of money will seem monstrous to you. Returing to a real physical substance as a store of value is politically infeasible because we know what the banking system was like in …

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