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Category: Data Science

  • Inequality And Efficiency

    What do we know about inequality and efficiency? Inequality And Efficiency Is there an equality-efficiency trade-off? Is greater inequality just the price we pay for more efficiency? Economic theory has proven, one hears, that any but cosmetic modifications of capitalism in the direction of equality and democratic control will exact a heavy toll of reduced…

  • The Problem Of Overfitting

    Nate Silver’s The Signal and the Noise has much to recommend it. It is about prediction generally, rather than being focused specifically on baseball or politics where he built his reputation. He also notes challenges with statistical models, specifically the problem of overfitting. The Problem Of Overfitting A problem Silver addresses is the overfitting of mathematical…

  • Marketing And The Republican Autopsy

    The Republican’s recently issued an interesting competitive analysis of how the party’s marketing operations stack up. [Published in 2013]. The Growth and Opportunity Project has been dubbed the “Republican Autopsy”. This basically accepted that the 2012 national elections were a disaster for the party. So what can we learn from marketing and the Republican autopsy? Criticism…

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