Does Average Mean Mediocrity or is that just a Median?

In pursuit of mediocrity I recently read a blog from Tim Harford, The Undercover Economist, entitled The strange power of the idea of average https://wp.me/p3jVf9-1iz and it started me thinking.  It is well worth a read by the way. I have some background in statistics, having completed one year at UCL misguidedly studying the subject … Continue reading Does Average Mean Mediocrity or is that just a Median?

Democracy, Shamocracy, Dimocracy – where are we now?

Great minds think, occasionally... The last and worst judgement? When I think about democracy, I am reminded of that old joke about the surgeon who , when asked  about an operation he had just finished, said that it had been a complete success, but unfortunately, the patient had died. Our democracy feels a bit like … Continue reading Democracy, Shamocracy, Dimocracy – where are we now?