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More Yang for Your Buck!
Albert Wenger – Feb 25, 2019
NOTE: I will resume posting excerpts from my book World After Capital next Monday. The field for the 2020 Democratic Party presidential primary has over a dozen declared candidates, including widely known names such as Senators Elizabeth Warren, Kamala Harris, [...] Read more
Uncertainty Wednesday: Regression to the Mean and the Extravagant Headquarters Effect
Albert Wenger – Feb 20, 2019
In sports some people believe that there is a Sports Illustrated cover jinx: teams or individual athletes featured on the cover for outstanding performance, subsequently have a bad season. One explanation for this phenomenon is regression to the mean. The [...] Read more
World After Capital: Getting Over Privacy (Finish)
Albert Wenger – Feb 18, 2019
NOTE: This is part of a series of excerpts from my book World After Capital. Today’s post wraps up the prior discussion of why as part of increasing informational freedom we should embrace a post privacy world. —- So we [...] Read more
Uncertainty Wednesday: Additive versus Multiplicative Risk
Albert Wenger – Feb 13, 2019
After an excursion for the last few Uncertainty Wednesdays into the topic of intelligence, I want to return to how to think about risk. In a post about a decade ago I wrote that it is possible for a startup [...] Read more
World After Capital: Getting Over Privacy (Cont’d)
Albert Wenger – Feb 11, 2019
NOTE: This is part of a series of excerpts from my book World After Capital. Today’s post continues on the idea from last week that privacy is not compatible with technological progress (if you would rather watch a talk, you [...] Read more
A Healthy Discussion about Wealth (and Billionaires)
Albert Wenger – Feb 8, 2019
The question of “How Much is Enough?” isn’t just the title of an excellent book by Edward and Robert Skidelsky, but has come to be at the forefront of political debate. We are finally discussing such topics as a wealth [...] Read more
Uncertainty Wednesday: Avoiding Strong Claims on Intelligence
Albert Wenger – Feb 6, 2019
Today’s Uncertainty Wednesday will be the last post for a while about matters related to intelligence following my posts on the problems of sample correlation under fat tails and on dynamic versus static models. Now might be a good time [...] Read more
World After Capital: Getting over Privacy (Intro)
Albert Wenger – Feb 4, 2019
NOTE: This is part of a series of excerpts from my book World After Capital. Today’s section introduces the idea that privacy is a strategy for freedom that has real downsides if we want to enter the Knowledge Age. In [...] Read more
Uncertainty Wednesday: Dynamic versus Static
Albert Wenger – Jan 30, 2019
In Uncertainty Wednesday I have talked a lot about the danger of doing statistics without a model. Another big danger is ignoring dynamic processes and conducting static analyses instead. That is you may have an explanation, such as “a person’s [...] Read more