Wednesday, September 28, 2011

Towards a new theory of statistics -- narrative form

People work by narrative and analogy.

Can we use narrative form to model/predict/measure trends?

I saw an article today saying the US bought into the EU debt crisis situation as applying to the situation in the US. On a narrative level, this is true, both the US and Europe are reported as named entitites, both are facing debt crisis, so it is easy for the US to extrapolate the EU narrative to describe their condition. On a factual level, of course, the differences are huge. But who considers facts?

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