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Tag Archives: reasoning
1. Use mathematics as a shorthand language rather than as an engine of inquiry 2. Keep to them [your models/problems] till you have them done 3. Translate to english 4. Illustrate with examples important to real life 5. Burn the … Continue reading
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Tagged Alfred Marshall, economics, math, mathematical modelling, mathematics, maths, reasoning, theory, theory production
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BBC Business Daily – interview with Arthur Laffer
In other news, Art Laffer has become a parody of himself. Deliberately misrepresenting the flat tax. Making it sound like 12% is a tax cut for most Americans, when in fact the effective tax rate for everyone making under $100k … Continue reading
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Tagged Arthur Laffer, austerity, ceteris paribus, crowding out, data, economics, economists, elasticity, GDP, government spending, Greece, incentives, Ireland, Laffer curve, magnitude, making sh*t up, markets, measurement, private markets versus government frame, reasoning, size, size of government, Spain, tax, tax avoidance, tax evasion, tax policy, tax rates, UK, USA
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Opportunity is fleeting. Experience is fallacious. Judgment is difficult. Hippocrates
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Tagged abduction, Ars longa vita brevis., data, induction, logic, measurement, reasoning, statistics, truth
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At the local viewing of the transit of Venus, I asked an astronomer named Lisa how people noticed a planet going in front of the Sun in the first place. (Surely they weren’t just staring at the sun all day?) … Continue reading
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Tagged ancient Greece, anthropocentrism, astronomy, belief, cosmology, Edmund Halley, Galileo, Galileo Galilei, geocentric universe, geocentricityge, geometry, Halley's comet, heliocentric universe, history, history of science, Karl Popper, philosophy, philosophy of science, Popperian, Ptolemaic universe, reasoning, religion, science, theories
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Lawrence Krauss, author of A Universe from Nothing lecturing on cosmology. Don’t really agree with or like his monolithic straw-man representation of “religion” versus “science” at minute 6. “Religion pretends to know all the answers” . Sub-i, sub-j, larry. There are many … Continue reading
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Tagged accuracy, atheists, big, Big Bang, certainty, cosmology, dark energy, dark matter, data, exploration, exploration companies, humour, inflation theory, large, Lawrence Krauss, lers, linear regression, logarithm, mining and extraction, morals, physics, reasoning, science, statistics, the vacuum, truth, USA, vacuum
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I Need A Speech Bubble To Appear Over My Head When I Talk So I Can Diagram the Bayesian Uncertainty In My Statements
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Tagged Bayesian, belief, certainty, faith, hunch, language, logic, mathematics, philosophy, prior, prior distribution, probability, probability distributions, reasoning, statistics, supposition, truth, uncertainty, unsure, validity
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Oral people lacked the categories that become second nature even to illiterate individuals in literate cultures: for example, for geometrical shapes…. [The illiterate cultures of remote Uzbekistan and Kyrgyzstan in the 1930’s] could not, or would not, accept logical syllogisms. … Continue reading
The actual science of logic is conversant at present only with things either certain, impossible, or entirely doubtful, none of which (fortunately) we have to reason on. Therefore the true logic for this world is the calculus of Probabilities, which … Continue reading
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Tagged Bayes' theorem, Bayesian, evidence, feminism, inference, James Clerk Maxwell, logic, plausibility, probability, reasoning, science, subjective probability, truth, uncertainty, validity
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Cost-Benefit Analysis
When faced with a choice, cost-benefit analysis asks: What are the possible outcomes? Who benefits and who is harmed in each of these outcomes? How much is the benefit or harm in each case?(Sometimes the harm might be multi-dimensional — … Continue reading
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Tagged 4-D, consequentialism, cost-benefit analysis, econometrics, economics, education, jurisprudence, math, posets, preferences, probability, rationality, reasoning, risk, utilitarianism
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