THE PEOPLE'S DAILY
FIGHTING FUND
YOU'VE RAISED:
£3430
WE NEED:
£14570
6 Days Remaining

Jan
2016
Thursday 28th
posted by Morning Star in Arts

Chance: The Science and Secrets of Luck, Randomness and Probability
Edited by Michael Brooks
(Profile Books, £7.99)

DESPITE its title, this collection of articles from the New Scientist does not unfortunately provide us with a foolproof system to beat the bookies.

But it does offer a detailed, interesting and informative, if occasionally highly intellectualised, examination of the role seemingly random events play in our everyday lives. The chances are that it will cause you to rethink your understanding of probability.

If quantum entanglement, biological determinism and epigenetic mechanisms are your cup of tea I’d wager that you’ll also gain something from the more scientific-based contributions.

Chance would appear to be everywhere. If we rely on the known laws of physics, chemistry and biology, it seems reasonable to conclude that the formation of the universe and creation of humanity can only have arisen by good fortune.

Our ability to pursue reasoned analysis is apparently dependent on the brain being stimulated by random signals too. There are even those who argue that randomness lurks within number theory, the very bedrock of mathematics.

Yet of course that’s not to say that everything which affects our daily routines is due to luck. The detailed study and everyday use of probability repeatedly aids such diverse areas as town planning, disease management and fraud detection.

It’s also what casinos and bookmakers rely on — they put as much faith in the laws of chance as engineers do in the laws of physics.

Hopefully this book can help us to follow suit. By gaining a better understanding of what we’re doing we can aim to reduce irrational choices, minimise leaving things to chance and stack the odds as far as possible in our own favour.

But while the good news for part-time gamblers is that fortune seems to favour the statistically prepared mind, knowing when to stop in a game that is rigged against us is still definitely the most important skill.

Review by Jamie Johnson




Advertisement