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F. George McDuffee F. George McDuffee is offline
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Default I went to a school (machinery) auction

On Wed, 22 Apr 2009 19:02:11 -0500, Ignoramus1265
wrote:
snip
In other words, any realistic simulation would go beyond "pick a
number" game and would model at least the basic dynamics of the
process.

snip
Indeed. In many areas the unemployment has blown past the worst
case unemployment rate used for the stress test. The "black
swan" seems alive and well...


Unka' George [George McDuffee]
-------------------------------------------
He that will not apply new remedies,
must expect new evils:
for Time is the greatest innovator: and
if Time, of course, alter things to the worse,
and wisdom and counsel shall not alter them to the better,
what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).