What should be learned from the Overcoming Bias fiasco?

#1. That mistake could happen to any blogger (including moi), as we are all keen to re-publish and link to other people’s writings without checking and researching the foundations of their rationale.

#2. James Surowiecki taught a lesson in journalism to Robin Hanson.

#3. Robin Hanson should have published James Surowiecki’s letters to the editor as a new blog post —in addition to posting addenda to the original, flawed, misleading blog post.

#4. James Surowiecki has confirmed that he has the capacity and the legitimity to lead the field of prediction markets. [Of course, Robin Hanson is capable of mutant abstractions (MSR) whereas James Surowiecki is not.]

About Chris F. Masse

Founder and President of Midas Oracle
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