An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Sunday, August 16, 2015
A Cartoonist Nails Economics ... In One Fell Panel Sweep
A picture is worth a thousand words ... and a panel cartoon is worth 14,000 words?
How does context apply to remote sensing data? It boils down to how the sensors were calibrated. Even without calibration, the data could have some usefulness.
Fully calibrated RS data is only as useful as the techniques that are employed to extract information. Granted, some of these techniques are still in the experimental stage.
if it's ethical to take the food, then it's not stealing.
ReplyDeleteIt's ethical if you can get away with it?
ReplyDeleteWalter Shewhart: "Data is meaningless without context."
ReplyDeleteThese kind of questions are meaningless - as is economics - if you don't know the full context, or HOW that context came to be.
An update of Shewhart's maxim is that "The meaning of data tracks access to the context flow."
How does context apply to remote sensing data? It boils down to how the sensors were calibrated. Even without calibration, the data could have some usefulness.
ReplyDeleteFully calibrated RS data is only as useful as the techniques that are employed to extract information. Granted, some of these techniques are still in the experimental stage.
You've answered your own questions, Bob.
ReplyDelete