funsec mailing list archives
Re: simple question
From: Robert Graham <robert_david_graham () yahoo com>
Date: Mon, 7 Dec 2009 20:05:28 -0800 (PST)
I once wrote a model of the world economy. It ran on an HP3000, and looked pretty, but was actually complete guesses.
That's the thing about "models".
Some models are based upon proven concepts, such as the Black–Scholes option pricing model. You run it on computers so
that you can spot inefficiencies in the market and trade on them before other people can.
Other models are where you try discover new concepts. You program in the data and what you know already, then program
in a hypothesis to see if it gets the right result.
That is the evidence for "manmade" global warming. Instead doing experiments in the real world, they run experiments
with their computer models. It's why us skeptics don't like global warming: it's "New Science" rather than old
"Science".
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Current thread:
- Re: What was that about hubris? Rich Kulawiec (Oct 01)
- <Possible follow-ups>
- Re: What was that about hubris? Rich Kulawiec (Oct 01)
- Re: What was that about hubris? chris (Oct 01)
- Re: What was that about hubris? Paul Vixie (Oct 01)
- Re: What was that about hubris? chris (Oct 01)
