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Book Report: The Inner Lives of Markets

“Markets are a means of resource allocation, and often a really effective one at that. But they’re not good for everything – or at least not without a lot of engineering and tweaking. That’s something both free-market advocates, as well

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Posted in Books, Everything, Marketing, Math and Science

Book Report: Scale

“Even though the conceptual and mathematical structure of the growth equation is the same for organisms, social insect communities, and cities, the consequences are quite different: sublinear scaling and economies of scale that dominate biology lead to stable bounded growth

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Posted in Books, Everything, Math and Science

Book Report: The Only Rule Is It Has To Work

“This was the ugly part of the stats-vs.-tradition debate in baseball: Rather than a conversation about the best way to make baseball decisions, it had become an argument, in which it increasingly felt as if the purpose was to score

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Posted in Books, Everything, Leadership, Management, Math and Science, Sports

Book Report: Weapons of Math Destruction

“Predictive models are, increasingly, the tools we will be relying on to run our institutions, deploy our resources, and manage our lives. But … these models are constructed not just from data but from the choices we make about which

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Posted in Books, Everything, Math and Science

A Morning with Deloitte: TMT Predictions 2018

  On the recommendation of my former colleague Dan Deeth, I spent this morning down at the Tannery listening to Deloitte’s Duncan Stewart (@dunstewart) prognosticate on Technology, Media, and Telecommunications. Dan was unable to attend, as he was in Barcelona this

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Posted in Everything, Math and Science

Book Report: Superforecasting

“In so many other high-stakes endeavors, forecasters are groping in the dark. They have no idea how good their forecasts could become. At best, they have vague hunches. More often than not, forecasts are made and then . . .

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Posted in Books, Everything, Leadership, Math and Science

The Scourge of Confirmation Bias

“Scientists are trained to be cautious. They know that no matter how tempting it is to anoint a pet hypothesis as The Truth, alternative explanations must get a hearing. And they must seriously consider the possibility that their initial hunch

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Posted in Books, Leadership, Math and Science

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