Nassim Nicholas Taleb
Nassim Nicholas Taleb
Nassim Nicholas Talebis a Lebanese-American essayist, scholar, statistician, former trader, and risk analyst, whose work focuses on problems of randomness, probability, and uncertainty. His 2007 book The Black Swan was described in a review by the Sunday Times as one of the twelve most influential books since World War II...
NationalityLebanese
ProfessionScientist
CountryLebanon
callous designed people provide social turn
In social policy, when we provide a safety net, it should be designed to help people take more entrepreneurial risks, not to turn them into dependents. This doesn't mean that we should be callous to the underprivileged.
today socialism type
What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats.
mean social certain
Social science means inventing a certain brand of human we can understand.
college nuclear-families social
Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.
faces association social
Every social association that is not face-to-face is injurious to your health.
serendipity luck
...maximize the serendipity around you.
weakness
It is a sign of weakness to avoid showing signs of weakness.
functions home human run textbook understood victims view
We are victims of the post-Enlightenment view that the world functions like a sophisticated machine, to be understood like a textbook engineering problem and run by wonks. In other words, like a home appliance, not like the human body.
noticed
Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.
drop except local
I don't go to the doctor except when I'm very ill, and when I go to India, I drink a drop of local water.
accept false knowledge limits people
The people I go after are the false experts, those who do not accept the limits of their knowledge.
experience looking next recognize solace time
The next time you experience a blackout, take some solace by looking at the sky. You will not recognize it.
I have never had personal debt and never will.
delay large members united
In the United States, large corporations control some members of Congress. All this does is delay the corporation's funeral at our expense.