Comments on: Counterparties: The pundits vs Nate Silver A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 By: thispaceforsale Fri, 02 Nov 2012 20:42:30 +0000 America is bad at math, almost to the point that some of our policies, and most of our pundits, come across as though they are waging a war on math.
You have to remember that every opinion is wrong. Because if it was right, it wouldn’t be an opinion, it would be a fact.

By: QCIC Thu, 01 Nov 2012 15:26:00 +0000 The pundits are just mad that Nate Silver is giving lie to their horse race narrative and exposing them as the idiots with no more insight than Bob the bartender.

Its like when the Giants beat the Patriots when the Patriots were favored 5:1 and everyone acted as though something impossible had happened.

They are just exposing their own lack of understanding of the concept 4:1.

By: fresnodan Thu, 01 Nov 2012 09:11:36 +0000 “Krugman thinks that in most cases, “careful analysis of publicly available information almost always trumps the insider approach.”
I hope he’s not using the stock market as a model…
Seriously, that is what is wrong with the econmics “profession” – whether it be MF Global, or our “natinally recognized statistical rating organizations” or perhaps our wonderful and extremely competent “Justice” Department that can’t find one (whoops – they found ONE) case of fraud on Wall Street.
Or the revolving door between Wall street and Treasury, with every rule legerdermained into a subsidy to finance. perversity-of-economics-culture-of-fraud .html

By: AngryInCali Thu, 01 Nov 2012 04:13:44 +0000 Those Reuters redirect links are annoying; one can’t tell what site a link will take you to by putting the cursor over it.