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Monthly Archives: March 2009

The Black Swans Political Calamity Precaution

The solution to the financial crisis is to look at what is needed now not to fix the current system, says Nassim Taleb, The Black Swan author and Arianna Huffington, Huffington Post.

EconTalk -Taleb on the Financial Crisis

Nassim Taleb talks with EconTalk host Russ Roberts about the financial crisis, how we misunderstand rare events, the fragility of the banking system, the moral hazard of government bailouts, the unprecedented nature of really, really bad events, the contribution of human psychology to misinterpreting probability and the dangers of hubris. The conversation closes with a discussion of religion and probability.

Turn banks into utilities

The author of ‘The Black Swan,’ Nassim Taleb, says no bank should remain too big to fail.

Nassim Taleb (in Arabic)

Taleb discusses debt, human error, and the collapse of Western Enlightenment.