Welcome, Guest |
You have to register before you can post on our site.
|
Online Users |
There are currently 85 online users. » 2 Member(s) | 83 Guest(s)
|
|
|
Why Statistics Are Not “Damned Lies”. The effect of Mariel boatlift on Miami wages |
Posted by: Dan '82 - 07-15-2016, 10:20 PM - Forum: Peter Turchin's Theroies
- Replies (1)
|
 |
http://peterturchin.com/blog/2016/07/15/...ami-wages/
Quote:We all have heard the phrase: “There are three kinds of lies: lies, damned lies, and statistics” (for its origin, see the entry in Wikipedia). This phrase is a damned lie.
You cannot lie with statistics if they are properly done; that is, if you show both the data and the method you used to analyze the data. Only the innumerate can be lied to with statistics. “Innumeracy” is inability to deal with numbers and quantitative reasoning, just as “illiteracy” is the inability to read. Unfortunately, although only 30 percent of Americans are functionally illiterate, a much, much higher percent are functionally innumerate. However, for important issues, you will always find numerate people on both sides, and thus when one side attempts to lie with statistics, the other side will point out the problems and perform alternative analyses. Numerate public, by spending a little effort to follow the logic of both sides, will immediately see who is right and who is wrong. And that’s why statistics are very different from “damned lies.”
Here’s a good example of how this works in practice, with me a numerate bystander in one very important debate: does massive immigration depress wages of native workers..
http://peterturchin.com/blog/2016/07/15/...ami-wages/
|
|
|
Nice, France, on Lockdown Amid Fears of Terror Attack |
Posted by: Dan '82 - 07-14-2016, 05:37 PM - Forum: Beyond America
- Replies (1)
|
 |
http://abcnews.go.com/International/nice...d=40590537
Quote: The southern French city of Nice was on lockdown amid fears of a terror attack after a truck drove into a large crowd during Bastille Day celebrations, officials said.
A local official told French TV there were "about 30 dead."
About 100 others were injured, a local official said.
The driver has been killed, a local official told French TV.
The local government said it fears a terror attack. The city is on lockdown.
Jimmy Ghazal, 39, a Lebanese man visiting Nice with his family, told ABC News that after the fireworks concluded, he heard people screaming and heard what sounded like gunshots. He saw people run to shelter.
Ghazal said he saw a big truck drive "through all the security.”
“The kids thought it was part of the fireworks," he told ABC News. "We just told them it was part of the fireworks.”
Video showed crowds of screaming people running through the streets in panic.
http://abcnews.go.com/International/nice...d=40590537
|
|
|
GOP vs. PLO |
Posted by: naf140230 - 07-12-2016, 07:54 PM - Forum: General Political Discussion
- Replies (5)
|
 |
I just saw a news report on CNN. The Republican Party in the USA has rejected the Palestinians completely. How will Mahmoud Abbas react? Or Benjamin Netanyahu? And what about the Palestinian people themselves?
|
|
|
Business Failures |
Posted by: pbrower2a - 07-12-2016, 04:33 PM - Forum: Economics
- Replies (79)
|
 |
An attempt to revive an old T4T forum in the event that much of the American economy goes belly-up again.
Noteworthy failures can include:
1. Deaths of once-prominent businesses, like former Fortune 500 companies. Foreign firms may be included.
Deaths include bankruptcies, liquidation, and forced mergers.
2. Governments in receivership or bankruptcy. That includes state, municipal, and county governments.
3. High-profile organizations such as unions, colleges and universities, symphony orchestras, opera companies, high-profile churches, and foundations.
4. High-end marketers irrespective of size -- let us say Cartier or Gucci if such were so.
|
|
|
|