The invalid assumption that correlation implies cause is probably among the two or three most serious and common errors of human reasoning — Stephen Jay Gould

Archive for February, 2010

Hot tip: bet one Aussie dollar each way

Wednesday, February 24th, 2010 Posted in Graphics, Public Interest | 2 Comments »

At the one extreme we have exotic financial derivatives that no-one knows how to value as well as opaque bundles of high risk loans and low risk bonds that no-one ... Read more..

Ranking Schools

Monday, February 1st, 2010 Posted in Politics, Profession, Public Interest | 12 Comments »

On January 26, 2010 the Grattan Institute released a report (HERE) on measuring school performance. The main recommendation of the report is to replace measurement of average school performance with ... Read more..