Probabilities: Keynesian Legal Versus Bayesian Mathematical
by Philip Pilkington
Article of the Week from Fixing the Economists
Lars Syll has (once again) directed me to a fascinating piece, this time by John Kay. Kay starts the piece by noting that in a recent legal case in Britain the judge was asked to define the term “beyond reasonable doubt” and, as is typical in such cases, refused to do so. The question, however, as Kay notes was not a silly one: in English law criminal cases are decided only if the evidence is “beyond reasonable doubt” while civil cases are decided based on the “the balance of probabilities”.
Source: http://econintersect.com/pages/analysis/analysis.php?post=202105270312
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).