Saturday, June 13, 2009

The Drunkard's Walk, How Randomness Rules Our Lives

A new book that I definitely would recommend. "The Drunkard's Walk How Randomness Rules Our Lives" by Leonard Mlodinow. The author received his PhD in physics from the University of California at Berkeley and was a fellow at the Alexander Von Humboldt at the Max Planck Institute. He now teaches randomness at Caltech to future scientists. He also wrote for the TV seris MacGyver and Star Trek: The Next Generaton. He worked with Stephen Hawking. This book is a definite read, not boring like most statistics books. It is funny and informative, plus you don't need a PhD in mathematics to understand it. He goes throught the history of statistics from the birth of the age of reason to now. It gives a very good understanding to lay person such as myself on how this was figured out and how randomness can lead to evolution begetting more complex systems to why a meterologist can only predict at most 3 days into the future what the weather will be. Why the stock market is strictly random process and the so called gurus that predict stocks are just as likely and usually are wrong. So read this book if you want to understand how randomness rules us.

Skeptical DoDo

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