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Fooled by Randomness

Somehow all respect we may have for history does not translate well into our treatment of the present. History

Fooled by Randomness

Stochastic processes refer to the dynamics of events unfolding with the course of time. Stochastic is a fancy Greek name for random. This branch of probability concerns itself with the study of the evolution of successive random events —one could call it the mathematics of history. The key about a process is that it has time in it. Stochastic MonteCarlo History

Fooled by Randomness

I became addicted to the various Monte Carlo engines, which I taught myself to build, thrilled to feel that I was generating history, a Demiurgus. It can be electrifying to generate virtual histories and watch the dispersion between the various results. Such dispersion is indicative of the degree of resistance to randomness. MonteCarlo History

Fooled by Randomness

I have two ways of learning from history: from the past, by reading the elders; and from the future, thanks to my Monte Carlo toy. MonteCarlo History

Fooled by Randomness

Unlike many “hard” sciences, history cannot lend itself to experimentation. History

History