Over at OvercomingBias, Hal Finney was reflecting on how Truth is distributed across the whole of human grasp. The nice picture he provided is here, where T=Truth. One powerful conclusion from his reflections is that the majority of people can improve their proximity to Truth by reverting to the majoritarian thought.
While I found this totally interesting, I think it has its limits. For one thing, this only applies to continuous truth, i.e. it stops where Einstein stopped and does not address what Schrodinger was saying. So I cannot find its relevance on the contracts we trade on Intrade, which expire at 0 or 100, never somewhere in between.
Some of you readers know that, unlike most of the economists to whom I link, I do have a spiritual faith beyond the empirical. And the Reason why that is so, is I am under the belief that not everything can be measured, and what cannot be measured requires a measure of Faith.
Here's hoping that you and I figure out how to expire ourselves at 100.
No comments:
Post a Comment