The Tyranny of Numbers - By Thomas J Bevan - The Commonplace
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The Tyranny of Numbers - By Thomas J Bevan - The Commonplace
Today, in our society, in economics, and in finance, we place far too much trust in numbers. Numbers are not reality . At best, they are a pale reflection of reality. At worst, they’re a gross distortion of the truths we seek to measure. But the damage doesn’t stop there. Not only do we rely too heavily on historic economic and market data; our opt
... See moreJohn C. Bogle • Enough: True Measures of Money, Business, and Life
Internet metrics over-value quantity and under-value quality. It’s a measurement problem. For example, platforms can easily calculate how many people read my articles, but they can’t evaluate the quality of those people.
David Perell • Algorithmic Blindspots - David Perell
Quantitative indicators — faulty proxies for qualitative truths — are our primary measure of success, and considerations of life beyond our own have, until now, been largely absent from our day-to-day decision making. What magic might unfold if we just adjust our aperture? And what’s at risk if we don’t?
Our Centaur Future - A RADAR Report
In the past, pursuing this goal was admirable since any increase in production resulted in an increase in well-being: better food, better medicine, better clothing, better housing, better work, and better living. At some point the focus changed from better to more: more food, more medicine, more clothing, more bedrooms, more bathrooms, and more wor
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