Money and Finance
- James Altucher Interviews Nassim Taleb
Link to: Ep. 45 Nassim Taleb: Why You Should Embrace Uncertainty This week, Nassim Taleb, author of Antifragile: Things That Gain from Disorder, joins The James Altucher Show to talk about technology and how different systems handle disorder. Just...
- Analysis (bbc Radio): Why Minsky Matters
Link to podcast: Why Minsky MattersAmerican economist Hyman Minsky died in 1996, but his theories offer one of the most compelling explanations of the 2008 financial crisis. His key idea is simple enough to be a t-shirt slogan: "Stability is destabilising"....
- Nassim Taleb Quotes (the Unexpected And The "unknown Unknown")
“Plans fail because of what we have called tunneling, the neglect of sources of uncertainty outside the plan itself…..The unexpected almost always pushes in a single direction: higher costs and a longer time to completion. On very rare occasions,...
- Nassim Taleb Quote On Focus
“To be able to focus is a great virtue if you are a watch repairman, a brain surgeon, or a chess player. But the last thing you need to do when you deal with uncertainty is to “focus” (you should tell uncertainty to focus, not us). This “focus”...
- Nassim Taleb On Econtalk
Nassim Taleb, author of Fooled By Randomness and The Black Swan, talks with EconTalk host Russ Roberts about antifragility, the concept behind Taleb's next book, a work in progress. Taleb talks about how we can cope with our ignorance and uncertainty...
Money and Finance
Nassim Taleb on Post-Keynesian (Minsky) and Austrian Economics
"Strangely, both Minsky and his school, dubbed Post-Keynesian, and his opponents, the libertarian “Austrian” economists, have the same analysis, except that the first group recommends governmental intervention to smooth out the cycle, while the second believes that civil servants should not be trusted to deal with such matters. While both schools of thought seem to fight each other, they both emphasize fundamental uncertainty and stand outside the mainstream economic departments (though they have large followings among businessmen and nonacademics). No doubt this emphasis on fundamental uncertainty bothers the Platonifiers." -Nassim Taleb, The Black Swan
- James Altucher Interviews Nassim Taleb
Link to: Ep. 45 Nassim Taleb: Why You Should Embrace Uncertainty This week, Nassim Taleb, author of Antifragile: Things That Gain from Disorder, joins The James Altucher Show to talk about technology and how different systems handle disorder. Just...
- Analysis (bbc Radio): Why Minsky Matters
Link to podcast: Why Minsky MattersAmerican economist Hyman Minsky died in 1996, but his theories offer one of the most compelling explanations of the 2008 financial crisis. His key idea is simple enough to be a t-shirt slogan: "Stability is destabilising"....
- Nassim Taleb Quotes (the Unexpected And The "unknown Unknown")
“Plans fail because of what we have called tunneling, the neglect of sources of uncertainty outside the plan itself…..The unexpected almost always pushes in a single direction: higher costs and a longer time to completion. On very rare occasions,...
- Nassim Taleb Quote On Focus
“To be able to focus is a great virtue if you are a watch repairman, a brain surgeon, or a chess player. But the last thing you need to do when you deal with uncertainty is to “focus” (you should tell uncertainty to focus, not us). This “focus”...
- Nassim Taleb On Econtalk
Nassim Taleb, author of Fooled By Randomness and The Black Swan, talks with EconTalk host Russ Roberts about antifragility, the concept behind Taleb's next book, a work in progress. Taleb talks about how we can cope with our ignorance and uncertainty...