30 MAY 2015 by ideonexus

 Means of Quantifying Violence

Now let’s turn to the present. According to the most recent edition of the Statistical Abstract of the United States, 2,448,017 Americans died in 2005. It was one of the country’s worst years for war deaths in decades, with the armed forces embroiled in conflicts in Iraq and Afghanistan. Together the two wars killed 945 Americans, amounting to 0.0004 (four-hundredths of a percent) of American deaths that year.57 Even if we throw in the 18,124 domestic homicides, the total rate of violent ...
Folksonomies: violence quantification
Folksonomies: violence quantification
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24 DEC 2013 by ideonexus

 The Web of Causation

...complex systems, such as financial markets or the Earth’s biosphere, do not seem to obey causality. For every event that occurs, there are a multitude of possible causes, and the extent to which each contributes to the event is not clear, not even after the fact! One might say that there is a web of causation. For example, on a typical day, the stock market might go up or down by some fraction of a percentage point. The Wall Street Journal might blithely report that the stock market move...
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Nigel Goldenfeld explains why the simplistic explanations for market movements so popular in the news media are also so ridiculous.