Britain is being held hostage to Theresa May’s Brexit vanity

Britain is now being held hostage to Mrs May’s vanity. The departure date, we must believe, is the work of divine providence. The prime minister has been heard say it is her “sacred duty” to meet the deadline. Kamikaze Brexiters, who want to see the country crash out of the union, agree. The schedule set out by Article 50 of the Lisbon treaty, they intone, is also inscribed in British law. The country cannot change its mind.

The damage is piling up. Brexit was always going to weaken the economy. A decision to throw up protectionist barriers to trade and investment with Britain’s most important markets could do nothing else. Mrs May’s determination to run down the clock, leaving open the possibility of Britain tumbling out without succour or safety net, has multiplied the costs and dangers.

Source: Financial Times

This is behind a paywall, but you get the idea.

What would Joe Root do?

Jesus and Mo

Laughed out loud at this.

Are you being manipulated?

Pundits, politicians, hustlers, unethical marketers, hucksters and grifters seek to manipulate people every day.

Manipulation is pushing for a change that benefits the manipulator, not us. It’s often based on misinformation. Mostly, the test for manipulation is: “if you knew what they know, would you be happy to do what they’re asking?”

Source: Are you being manipulated?

 

Data is expensive

The metaphor is pretty clear: more data isn’t always better. In fact, in many cases, it’s a costly distraction or even a chance to get the important stuff wrong.

Here are the three principles:

First, don’t collect data unless it has a non-zero chance of changing your actions.

Second, before you seek to collect data, consider the costs of processing that data.

Third, acknowledge that data collected isn’t always accurate, and consider the costs of acting on data that’s incorrect.

Strip away all insignificant digits.

Source: Data is expensive

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