The virtue of excellence

Sunday, November 27, 2011

Overheard at the Aretae family Thanksgiving

There's 2 varieties of subjectivism:
  • Hayekian subjectivism of limited knowledge, and limited reason, and error, resulting in Bayesian probabilities in the .8 range and below, with required updating, and impact on making +EV decisions...
  • Hippie subjectivism of you believe what you want to believe, and I believe what I want to believe.

3 comments:

Michael Gersh said...

My family went to a spread put up by a neighbor, where the conversation was led by a couple of multimillionaires, whose home it was (magnificent home at that) discussing how there are so many people now, our only hope is a turn to socialism, and how personal freedom is so last century. I limited my comments to discussing the wine and the food.

That proves your second point - it's hippies, all the way down.

fiddlemath said...

Hm. Over my family Thanksgiving, I was told "don't argue," and "you talk too much."

Aretae said...

Fiddlemath,

I'm between ROFLing and crying for you.