In theory, science should work this way. The notion of scientific consensus is tricky, but the idea is that the opinion of the scientific community converges toward the truth as ideas are debated and new evidence is uncovered. Just as in the stock market, the steps are not always forward or smooth. The scientific community is often too conservative about adapting its paradigms to new evidence,64 although there have certainly also been times when it was too quick to jump on the bandwagon. Still, provided that everyone is on the Bayesian train,* even incorrect beliefs and quite wrong priors are
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