Why so many “experts” make such disastrous errors
If you want to discover why so many of our experts are getting things so terribly wrong, Giles Fraser’s interview on Unherd’s “Confessions” with the former Bank of England governor, Lord King, is essential listening. King asks what it means to be rational in an age of deep uncertainty. Many experts, he says, have come to believe that mathematical calculations and computer modelling provide us with an authoritative representation of reality. This is hopelessly wrong because such calculations can never encompass the uncertainties that help form human behaviour. Yet these…
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