Statistical economists or analysts always said that the normal distribution is a simplification and that this simplification has its own problems. It's just th

Statistical economists or analysts always said that the normal distribution is a simplification and that this simplification has its own problems. It's just that traders and bankers would fire statisticians who were too vocal about it as wasting their time with unnecessary explanations... Bayesian methods in general can only take the blame if you can prove some other method being more reliable. Also they have another advantage: Bayesian methods are so mind blowing and beautiful, that it is hard to blame them for anything!