Quick Reads: “The Signal and the Noise” by Nate Silver

The Signal and the Noise: Why So Many Predictions Fail—But Some Don’t 

By Nate Silver

PENGUIN PRESS

Nate Silver, now the New York Times‘ resident stat-head, began earning his rep as something of a whiz by devising a probabilistic model that changed the way baseball franchises evaluate players. And during the 2008 election, he correctly predicted the winner of 49 states and all 36 Senate races. But his book isn’t a victory lap, it’s a confession: We’re not as smart as we think we are. From the housing bubble to political science, the best and perhaps the brightest routinely blow the biggest calls because they can’t separate the signal (truth) from the noise (distractions). We’ll risk one prediction, though: Silver’s book will be hard to put down.

This review originally appeared in our September/October issue of Mother Jones. 


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OUR DEADLINE MATH PROBLEM

It’s risky, but also unavoidable: A full one-third of the dollars that we need to pay for the journalism you rely on has to get raised in December. A good December means our newsroom is fully staffed, well-resourced, and on the beat. A bad one portends budget trouble and hard choices.

The December 31 deadline is drawing nearer, and if we’re going to have any chance of making our goal, we need those of you who’ve never pitched in before to join the ranks of MoJo donors.

We simply can’t afford to come up short. There is no cushion in our razor-thin budget—no backup, no alternative sources of revenue to balance our books. Corporations and powerful people with deep pockets will never sustain the fierce journalism we do. That’s why we need you to show up for us right now.

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