Herbert I. Weisberg, Dr. Willful Ignorance. The Mismeasure of Uncertainty

An original account of willful ignorance and how this principle relates to modern probability and statistical methods Through a series of colorful stories about great thinkers and the problems they chose to solve, the author traces the historical evolution of probability and explains how statistical methods have helped to propel scientific research. However, the past success of statistics has depended on vast, deliberate simplifications amounting to willful ignorance, and this very success now threatens future advances in medicine, the social sciences, and other fields. Limitations of existing methods result in frequent reversals of scientific findings and recommendations, to the consternation of both scientists and the lay public. Willful Ignorance: The Mismeasure of Uncertainty exposes the fallacy of regarding probability as the full measure of our uncertainty. The book explains how statistical methodology, though enormously productive and influential over the past century, is approaching a crisis. The deep and troubling divide between qualitative and quantitative modes of research, and between research and practice, are reflections of this underlying problem. The author outlines a path toward the re-engineering of data analysis to help close these gaps and accelerate scientific discovery. Willful Ignorance: The Mismeasure of Uncertainty presents essential information and novel ideas that should be of interest to anyone concerned about the future of scientific research. The book is especially pertinent for professionals in statistics and related fields, including practicing and research clinicians, biomedical and social science researchers, business leaders, and policy-makers.

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Richard Bitner Confessions of a Subprime Lender. An Insider's Tale of Greed, Fraud, and Ignorance

Former subprime lender Richard Bitner once worked in an industry that started out helping disadvantaged customers but collapsed due to greed, lack of financial control and willful ignorance. In Confessions of a Subprime Lender: An Insider's Tale of Greed, Fraud, and Ignorance, he reveals the truth about how the subprime lending business spiraled out of control, pushed home prices to unsustainable levels, and turned unqualified applicants into qualified borrowers through creative financing. Learn about the ways the mortgage industry can be fixed with his twenty suggestions for critical change.

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Herbert did not look forward with very joyful anticipations to the new engagement he had formed. He knew very well that he should not like Ebenezer Graham as an employer, but it was necessary that he should earn something, for the income was now but two dollars a week. He was sorry, too, to displace Tom Tripp, but upon this point his uneasiness was soon removed, for Tom dropped in just after Mr. Graham had left the house, and informed Herbert that he was to go to work the next day for a farmer in the neighborhood, at a dollar and a half per week, and board besides.<br><br>"I am glad to hear it, Tom," said Herbert, heartily. "I didn't want to feel that I was depriving you of employment."<br><br>"You are welcome to my place in the store," said Tom. "I'm glad to give it up. Mr. Graham seemed to think I was made of iron, and I could work like a machine, without getting tired. I hope he pays you more than a dollar and a half a week."<br><br>"He has agreed to pay me three dollars," said Herbert.

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