Muck and Mystery
   Loitering With Intent
blog - at - crumbtrail.org
June 11, 2009
Political Comedy

We seem to have elected clowns.

FEMA is attempting to do the impossible, and that is to predict future flood losses in a way that will allow changes to be made in the federal flood insurance program. . .

Once again I am reminded about a vignette from Nobel Prize-winning economist Kenneth Arrow (PDF):

As a weather forecaster in the Second World War, Arrow and his colleagues were told that their commanding officer needed a long-term forecast. The forecasters knew from experience that such forecasts had little scientific basis, and related this up the chain of command. The reply that came back was this: no matter, the general needs the forecast for planning purposes.
What worries me is that I suspect that "intellectuals" who were so scathingly critical of FEMA in the past will find current efforts to be admirable.
Posted by back40 at 08:43 AM | Psychoceramica

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