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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (7655)4/26/2009 10:35:58 AM
From: koan  Read Replies (3) | Respond to of 86356
 
Nassim Taleb's book "The Black Swan" makes two very important points"

1) Most of us know less than we think we know.

2) Our largest dangers are risks we cannot see and we our not preparing for, or trying to understand e.g. our present depression and massive worldwide bank failures; and maybe global warming-lol.

We have entered the era of science and technology where only a few people can understand many things we invent these days like credit default swaps (CDS's) or collateralized debt obligations (CDO's), or any one of myriad trading algorithums that often have unintended consequences.

We need to enlist our academicians and scientists and bring them into our government as our first line of defense against an increasingly complex world.

What happens BCB, if you are wrong about global warming? That is the question we should all be asking.



To: Bearcatbob who wrote (7655)4/27/2009 8:51:21 AM
From: RetiredNow  Respond to of 86356
 
Hmm. Then why do you guys post the latest snowstorm as incontrovertible evidence that the Earth is cooling? Seems a little hypocritical to me. Everyone on this thread needs to pick up a book on statistics and relearn the basics. I suggest starting with the phrase "anecdotal evidence".