G. Elloitt Morris – Strength in Numbers
The explanation of combining online and offline methods is insightful, though somewhat superficial
G. Elloitt Morris – Strength in Numbers
The explanation of combining online and offline methods is insightful, though somewhat superficial
Andrew Elliott – Is that a big number?
Charming book with some nice perspectives that preaches to the converted
Entertaining plea for rationality and scenario thinking.
Judea Pearl and Dana MacKenzie – The book of Why
The practical and relevant examples (health effect of smoking, impact of humanity on climate change) of causal inference alone make the book worthwhile.
Caroline Criado Perez – Invisible women
Great exercise in spotting biases, and understanding how these manifest themselves in how the world around us is shaped.
Daniel Kahneman, Olivier Sibony, and Cass Sunstein – Noise
Overly simplified presentation of basic statistics that cuts some corners, as superbly pointed out by Andrew Gelman.
Jordan Ellenberg – How not to be wrong
A cornucopia of charming mathematical anecdotes and facts
Jonathan Rodden – Why cities lose
In the US election system, geographic concentration puts democrats at a fundamental disadvantage.
John Kay and Mervin King – Radical Uncertainty
Economists should stay away from pseudo-philosophical assertions, in particular when these hinge on misinterpretation of Bayesian methods, use flawed logic, and do not lead to realistic recommendations.
Douglas Hubbard – How to measure anything
A lot of Fermi-type deconstruction of drivers, Monte Carlo simulations, and value estimates .
Sharon Bertsch McGrayne – The theory that would not die
Shocking to realize how much controversy surrounded Bayesian statistics before the explosion of computing power.
William Poundstone – Fortune’s formula
Despite all mathematical considerations, the prerequisite for a truly successful betting strategy inside knowledge.
Edward Thorp – A man for all markets
Sage advise from the man who beat the dealer at blackjack and outperformed the market as one of the world’s first quants (but feel free to skip the chapters about Edward’s youth as a prodigy).
Essential reading for everyone who uses statistics on a regular basis, for policy making or otherwise.
Entertaining rant on shortsightedness in many guises, backed-up by a statistical world-view.