Disasters keep coming along at random intervals, they are not normally distributed. They either come randomly (in the case of war) or they are governed by power-laws (pandemics and earthquakes). That’s hard for our brains to deal with… we don’t like the idea that history is just a lot of random shocks without any predictable features.
Niall Ferguson — Disasters keep coming along at random intervals, they are no
Disasters keep coming along at random intervals, they are not normally distributed. They either come randomly (in the case of war) or they are governed by power-laws (pandemics and earthquakes). That’s hard for our brains to deal with… we don’t…