# Bayesian

<figure><img src="https://4191531171-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ft2dX0O9VnGOK3Yp2zHHn%2Fuploads%2F0XdnvcYHJxG191MFZuw8%2Fbayesian.png?alt=media&#x26;token=b3701e36-838b-485f-b7b5-130e3b7f8de9" alt=""><figcaption></figcaption></figure>

&#x20;                                              My aim is to picture an ideal, to show how it can be achieved, and to explain

&#x20;                                                                                                               what its realization would mean in practice."

&#x20;                                                                                                                     \- Preface of \The Constitution of Liberty"

&#x20;                                                                                                                                        **by Friedrich August von Hayek**

&#x20;