For those interested, Netflix has a new documentary out about the case: https://youtu.be/9r8LG_lCbac

I'm going to try to make it.

Sorry I missed this. I'll try to attend the next one. I suggest Capital City Brewery at Metro Center.

I recommend a related essay by Hayek, "Competition as a Discovery Procedure."

There are a (pretty common) class of reasoning problems for which equals(correct reasoning, Bayesian inference) is widely believed here in LW. There are other problems and other forms of correct reasoning for which Bayesian inference is simply inapplicable.

For example, the following syllogism cannot be completed by Bayesian inference.

A. Nothing is better than total happiness.

B. A paper clip is better than nothing.

C. ???

David Friedman laments another misuse of frequentism.

I know this is an old thread, but for any people just now reading it, I thought I'd pass along this bizarre development.

There is no such thing as absolute certainty, but there is assurance sufficient for the purposes of human life.

John Stuart Mill, On Liberty

He seems to have understood that 0 and 1 are not probabilities.

Thought I might pass this along and file it under "failure of rationality". Sadly, this kind of thing is increasingly common -- getting deep in education debt, but not having increased earning power to service the debt, even with a degree from a respected university.

Summary: Cortney Munna, 26, went $100K into debt to get worthless degrees and is deferring payment even longer, making interest pile up further. She works in an unrelated area (photography) for $22/hour, and it doesn't sound like she has a lot of job security.

We don't find out until the end of the article that her degrees are in women's studies and religious studies.

There are much better ways to spend $100K. Twentysomethings like her are filling up the workforce. I'm worried about the future implications.

I thank my lucky stars I'm not in such a position (in the respects listed in the article -- Munna's probably better off in other respects). I didn't handle college planning as well as I could have, and I regret it to this day. But at least I didn't go deep into debt for a worthless degree.

I would like to see a top-level link post and discussion of this article (and maybe other related papers).