Thursday, October 02, 2008

...martingales will play. A funny way to analyze the financial crisis.

Slate's Jordan Ellenberg likens the financial crisis to flipping a coin in a cogent and wry way. Read it.

Also quite good was an article he linked to about a Stanford professor who started as a high school-dropout traveling magician and went on to be a discipline-crossing intellectual matchmaker of a statistician. (He also, apparently, proved that flipping a coin is only ~49% fair.)
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3 comments:

  1. Daktari6:27 PM

    Both good articles. You know, I think we need to find something we disagree on so we can have a real conversation. =)

    Either that or we both need more readers to throw into the mix.

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  2. Daktari6:55 PM

    Did you see this one?

    I'm not a G.K. fan, but he had a few good lines in this one.

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  3. Daktari6:56 PM

    my html is wrong.

    Here's the link.

    http://www.salon.com/opinion/keillor/2008/09/24/mccain/

    ReplyDelete