Every time a plane crashes it's international news. But just because you regularly hear about plane crashes doesn't mean flying is unsafe.
Giving up on science is such a vast overgeneralization. You could take your statement and replace "manipulated research", "scientific institutions" and "established scientific truth" with just about any negative article in any domain. You could just as easily make this statement about startups (Theranos, Juicero), or government, or religion, or suburbs, or cities...
Yes.
> Giving up on science is such a vast overgeneralization. You could take your statement and replace "manipulated research", "scientific institutions" and "established scientific truth" with just about any negative article in any domain. You could just as easily make this statement about startups (Theranos, Juicero), or government, or religion, or suburbs, or cities...
Institutions go through similar cycles of breaking and systemic reform. Not surprised that you can see patterns in other domains.
So when you notice a pattern - say "Stock S trades lower on Tuesdays and higher on Fridays", what do you do?
Do you buy on Tuesday to exploit the pattern?
Or do you buy on Friday because you are not a unique snowflake and others will notice the same historical pattern and therefore reverse it in the future?
There is no way to decide. Because even if you see long-running patterns in the history of the stock market, those patterns might have reverted just at that moment when people like you noticed them.
This holds for all patterns. Even if they are as complex as the ones described in the article.
Good luck