Fooled by randomness. 20 July, 2012 at 18:02 | Posted in Statistics & Econometrics | Leave a comment. A non-trivial part of teaching statistics to social science students is made up of learning them to perform significance testing.
I do not remember who I received this article from, but I loved it. Everyone is now talking about Black Swans in regards to the uprisings in the Middle East (Must Read: Nassim Taleb on The Earth-Quake in Japan - It is irresponsible to talk about small probabilities http://bit.ly/hlB59x)
Americans pay $80 billion a year for intelligence agencies. But why does society pay analysts phenomenal sums of money for systematically failing to predict the events that impact our lives most deeply? (Egypt, Black Swans and the Bed of Procrustes http://huff.to/hhKAuW via @huffingtonpost)
Amazon.com: The Bed of Procrustes: Philosophical and Practical Aphorisms (9781400069972): Nassim Nicholas Taleb: Books (#9: The Bed of Procrustes: Philosophical and Practical Aphorisms: The Bed of Procrustes: Philosophical and Prac... http://amzn.to/eibYOc)
The Black Swan's author saw that spiraling risk in financial markets could spark a global crisis. Now he's warning of the risk in delaying deficit cuts. (Big trouble ahead....and Canada, too, needs to save and cut its debt NOW...Charlie Rose Talks to Nassim Taleb http://buswk.co/h2K5s7)
I started reading Nassim Nicholas Taleb's The Black Swan at around the same time that interest in the film of (nearly) the same name starring Natalie Portman was peaking in its post-Oscars glow, which amusingly led to a ...
The first quarter of 2011 has come to a close. And while it was good for the stock market, it wasn’t good for the world. In fact it came with an unimaginable cocktail of economic shocks. (Are You “Black Swan” Proof?: Economist Nassim Taleb defines an event that is high-impact, hard to predict, rare ... http://bit.ly/hhelqU)
Nassim Taleb on his book “The Bed of Procrustes: Philosophical and Practical Aphorisms” (Complexity is built-in today. Most of it I simply do not understand. Thus Nassim Taleb makes perfect sense to me see http://bit.ly/eUzunp)
The Bed of Procrustes: Philosophical and Practical Aphorisms by Nassim Nicholas Taleb Lowest Price: $12.15 By the author of the modern classic The Black Swan , this collection of aphorisms and meditations expresses his major ideas in ways you least expect. The Bed of Procrustes takes its title from G (The Bed of Procrustes: Philosophical and Practical Aphorisms http://bit.ly/bwerbh)