Economics cannot digest the idea that the collective (and the aggregate) are disproportionately less predictable than individuals. - Nassim Nicholas Taleb
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Economics cannot digest the idea that the collective (and the aggregate) are disproportionately less predictable than individuals.
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About
Nassim Nicholas Taleb
Nassim Nicholas Taleb (born 1 January 1960 in Amioun, Lebanon) is an essayist, epistemologist, researcher, and former practitioner of mathematical finance.
Biography information from
Wikiquote·
Portrait adapted from
Wikimedia Commons, Sarah Josephine Taleb (CC BY)
Procrastination is the soul rebelling against entrapment.
Public companies, like human cells, are programmed for apoptosis, suicide through debt and hidden risks. Bailouts invest the process with a historical dimension.
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