Posted inStatistics
Pajamas Media: The Dismal Economics of Utopia
Today's post is at Pajamas Media: The Dismal Economics of Utopia. This is first is a short series. I thought it would be fun to show how the utopian ideas…
Posted inStatistics
Obama: “Thank me!”
Obamacare. Thank you, sir! May I have another! $800 billion "stimulus" spending. Thank you, sir! May I have another! Lilly Ledbetter Fair Pay Act; Wise Latinas on the bench; SCHIP…
Posted inPhilosophy Statistics
Randomness is a Matter of Information
How many pads of paper do I have on my desk right now? How many books are on my shelves this minute? You don't know the answer to any of…
Posted inStatistics
Calculating the Uncertainty of Economic and Other Forecasts
I was asked to talk about how to handle uncertainty in forecasts. Below is a rough sketch. Many of you run or work with models that produce forecasts, guesses of…
Posted inPhilosophy Statistics
Peer Review and Proof
Suppose that I today, below, in this post, prove to you a certain mathematics theorem, say, "The Symmetry of Individual Constants." Is that theorem true? Before you answer, consider that…
Posted inStatistics
Obama’s New Nuke Policy: Preemptive Appeasement
A horrific scenario I hope never occurs: Washington D.C. was attacked today by Country X. Agents from X unleashed a massive chemical and biological barrage. Tens of thousands lie dead…
Posted inStatistics
Short New York Real Estate Because of Global Warming?
Stevey Cohen, head of the Earth Institute at Columbia University, wants you to short New York City real estate. He doesn't actually say that---Stevey isn't a broker and his statements…
Posted inFun Statistics
There Are No Left-Handed Catchers, Pitchers Are Tall: Baseball Biometrics
No Major League team employs, on its active 25-man roster, a left-handed throwing catcher. About 9 percent of people are lefties, and 63 men in baseball are listed as catchers,…