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Ep. 78 - Bayesian Thinking: Flat Earth Priors, The Mises Brothers, and Curb Your Analogy

Ep. 78 - Bayesian Thinking: Flat Earth Priors, The Mises Brothers, and Curb Your Analogy

As Max returns from Lviv Ukraine where he offered…

The Local Maximum with Max Sklar · Max Sklar

August 6, 201945m 0s

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Show Notes

As Max returns from Lviv Ukraine where he offered a course on Bayesian thinking, he shares his knowledge and insights.
- What are the drawbacks and limitations to Bayes rule vs other approaches?
- Is probability objective or subjective?
- How did Larry David illustrates argument by analogy?
- The von Mises brothers include one free market economist (Ludwig) and one statistician (Richard) - what did they have to say on this topic?
- What’s the problem with a Flat Earth Prior?

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