David Leonhardt

I’m a probability advocate. In previous jobs, I have helped create election scoreboards. Probabilities are more meaningful than safe “anything can happen” platitudes, vague “it’s likely” analyses or artificially confident guarantees. But I’ve come to realize that I was wrong about a major aspect of probabilities. They are inherently hard to grasp. That’s especially true for an individual event, like a war or election. People understand that if they roll a die 100 times, they will get some 1’s. But when they see a probability for one event, they tend to think: Is this going to happen or not? They then effectively round to 0 or to 100 percent. That’s … Continue reading David Leonhardt