As news organizations scrambled to correct their coverage, for instance, traders at Manifold determined that the IDF probably hadn’t been responsible for whatever had happened on that particular night at the Gaza hospital.[*19] But the bigger concern I have,
As news organizations scrambled to correct their coverage, for instance, traders at Manifold determined that the IDF probably hadn’t been responsible for whatever had happened on that particular night at the Gaza hospital.[*19] But the bigger concern I have,
Let us look at the front page of today’s New York Times, the gold standard in news. In the top spot there is a story about Republicans feuding among themselves. There is a photo of soldiers in Iraq. A stock exchange chief must return $100M. There is a concern about some doctors over-selling a nerve testing system. There is a threat from China again... See more
Aaron Swartz • I Hate the News (Aaron Swartz's Raw Thought)
The news outlets said their reporters did nothing wrong but that they agreed to pay a settlement so they wouldn’t have to disclose the names of the government sources who’d leaked Lee’s name. The big takeaway for me was the realization that our own government could be guilty of fingering a fake suspect and generating a fake story about him—and get
... See moreSharyl Attkisson • The Smear: How Shady Political Operatives and Fake News Control What You See, What You Think, and How You Vote
The urge to blame military misfortunes on individuals runs as deep as the inclination to blame human error for civil disasters.
Eliot A. Cohen • Military Misfortunes: The Anatomy of Failure in War
But although SBF might or might not have underestimated how bad a crash would look, he probably did underestimate how likely one was.
Nate Silver • On the Edge: The Art of Risking Everything
In many walks of life, expressions of uncertainty are mistaken for admissions of weakness.
Nate Silver • The Signal and the Noise: Why So Many Predictions Fail-but Some Don't
The doctrine of deterrence has taken a beating. Few doubt that Israel can strike back at Gaza in a very powerful way, and yet that wasn’t enough to stop the attacks. I am still trying to digest this one.