Ep. 78 - Bayesian Thinking: Flat Earth Priors, The Mises Brothers, and Curb Your Analogy

Ep. 78 - Bayesian Thinking: Flat Earth Priors, The Mises Brothers, and Curb Your Analogy

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As Max returns from Lviv Ukraine where he offered a course on Bayesian thinking, he shares his knowledge and insights. - What are the drawbacks and limitations to Bayes rule vs other approaches? - Is probability objective or subjective? - How did Larry David illustrates argument by analogy? - The von Mises brothers include one free market economist (Ludwig) and one statistician (Richard) - what did they have to say on this topic? - What’s the problem with a Flat Earth Prior?

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