How the Normal Distribution Keeps Crashing The Global Financial System

<p>What is normal? Normal is conforming to a standard; usual, typical, expected. And what could be more normal than the humble normal distribution?</p> <p>The normal distribution, also called Gaussian distribution after German mathematician Carl Friedrich Gauss (the Duke of Mathematicians) is everywhere, from the social sciences to the natural sciences to machine learning.</p> <p>So it was only natural for Charles S. Peirce, writing in the late 19th century, to call it normal, referring to its widespread use and usefulness.</p> <p><a href="https://manuel-brenner.medium.com/how-the-normal-distribution-keeps-crashing-the-global-financial-system-8d97a44fc228"><strong>Click Here</strong></a></p>