Nate Silver

@NateSilver538 ↗

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Last Checked Nov. 13, 2022

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Fri Oct 21 21:50:53 +0000 2022

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Nate Silver @NateSilver538

@moskov @extent_of_foxes @ESYudkowsky There's already lots of very good art at "reasonable" prices. The fact that it's hard to make a living as an artists sucks, and probably the art world could do more to cultivate the non-nosebleed part of the market. But it's more of a demand-side than a supply-side issue. — PolitiTweet.org

Posted Oct. 21, 2022

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Nate Silver @NateSilver538

That's because we've traditionally used "toss-up" to refer to a 50-59% chance, not 50-54%. And in fact, we still do use toss-up that way elsewhere on the interactive. So we've retired the nonstandard (per 538 style) use of toss-up. Not the most exciting news you'll read today. https://t.co/fXwqHCtgpA — PolitiTweet.org

Posted Oct. 21, 2022

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Nate Silver @NateSilver538

@moskov @extent_of_foxes @ESYudkowsky IMO there are some properties of the art market that make it prone toward a power-law distribution (highly diffuse + hard to determine intrinsic value --> Schelling focal points). So the question is less about the head of the market and more about why the tail isn't more robust. — PolitiTweet.org

Posted Oct. 21, 2022