Natalia’s Reviews > Escape from Model Land: How Mathematical Models Can Lead Us Astray and What We Can Do About It > Status Update

Natalia
Natalia is on page 89
Eisenhower, who as commander of the Allied Forces oversaw the invasion of Europe in the Second WW, said that 'plans are useless, but planning is indispensable', meaning that the exact details of a plan are always liable to change in light of new information, but the process of planning, coming up with a plan and thinking about possible strategies and failure modes, is useful even if the plan itself is not followed.
Jan 29, 2025 06:53AM
Escape from Model Land: How Mathematical Models Can Lead Us Astray and What We Can Do About It

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Natalia’s Previous Updates

Natalia
Natalia is on page 72
Nassim Taleb said, probability is a qualitative subject. It contains potentially quantifiable elements relating to randomness observed in the past over different outcomes, but it also includes unquantifiable elements relating to fundamental ignorance about the system and the possibility of being mistaken in our assumptions.
Jan 29, 2025 03:58AM
Escape from Model Land: How Mathematical Models Can Lead Us Astray and What We Can Do About It


Natalia
Natalia is on page 46
Heaving going… not sure I have got much useful info so far…
Jan 28, 2025 12:14PM
Escape from Model Land: How Mathematical Models Can Lead Us Astray and What We Can Do About It


Natalia
Natalia is on page 18
Interesting story of a machine which showed macro economics with tanks, pipe, pumps -hydraulics of money
Jan 28, 2025 06:39AM
Escape from Model Land: How Mathematical Models Can Lead Us Astray and What We Can Do About It


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