![]() "My outrage," he says, "is aimed at the scientist-charlatan putting society at risk using statistical methods. When Nassim Taleb talks about the limits of statistics, he becomes outraged. It can even bankrupt the system (let's face it: use of probabilistic methods for the estimation of risks did just blow up the banking system). In fact it is fooling your government right now. The problem is much more complicated than it seems to the casual, mechanistic user who picked it up in graduate school. ![]() ![]() Statistical and applied probabilistic knowledge is the core of knowledge statistics is what tells you if something is true, false, or merely anecdotal it is the "logic of science" it is the instrument of risk-taking it is the applied tools of epistemology you can't be a modern intellectual and not think probabilistically-but.
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