“Man is not born to solve the problem of the universe, but to find out what...
Half a century ago, the pioneers of chaos theory discovered that the “butterfly effect” makes long-term prediction impossible. Even the smallest perturbation to a complex system (like the weather,...
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Last May, Pulitzer Prize-winning journalist and author John Markoff was asked to write an op-ed for The Wall Street Journal on the heels of the murder in San Francisco of tech exec Bob Lee. The paper...
View Article“The function of economic forecasting is to make astrology look respectable.”*…
For as long as there have been markets, there have been those who forecast them. Bob Seawright explains why, for all of that “practice,” forecasting is never– and never can be– a precise nor “perfect”...
View Article“Two dangers constantly threaten the world: order and disorder”*…
After two days of posts on the state of our civil society, a palette-cleanser: Jordana Cepelewicz with a possibly-consoling reminder… When he died in 1930 at just 26 years old, Frank Ramsey [see here]...
View Article“The older one gets the more convinced one becomes that his Majesty King...
Bockscar en route to Nagasaki, 9 August 1945. US Air Force photo In an essay adapted from his book Fluke: Chance, Chaos, and Why Everything We Do Matters, Brian Klass argues that social scientists are...
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