How Not to Be Wrong
- Kind
- Book
- Date
- 2014-05-29
- Publisher
- Penguin
- Retrieved
- Jun 24, 2014
- ISBN
- 2k9KAgAAQB
3 memes from this reference
Public School Mathematics are Like Drills
“Mathematics is not just a sequence of computations to be carried out by rote until your patience or stamina runs out—although it might seem that way from what you’ve been taught in courses called mathematics. Those integrals are to mathematics as weight training and calisthenics are to soccer. If you want to play…
The Laffer Curve
The horizontal axis here is level of taxation, and the vertical axis represents the amount of revenue the government takes in from taxpayers. On the left edge of the graph, the tax rate is 0%; in that case, by definition, the government gets no tax revenue. On the right, the tax rate is 100%; whatever income you have…
The Law of Large Numbers
The game is called who’s the best at flipping coins. It’s pretty simple. You flip a bunch of coins and whoever gets the most heads wins. To make this a little more interesting, though, not everybody has the same number of coins. Some people—Team Small—have only ten coins, while the members of Team Big have a hundred…