Friday, November 30, 2012
Penguin and 5 x 15 present Nassim Nicholas Taleb in conversation with Ed Smith.Union Chapel, Islington November 26, 2012
I must be slacking. I knew this event was scheduled but I hadn’t seen the video until today! ZURICH.MINDS 2011, Antifragility. Talk with Rolf Dobelli
NASSIM TALEB: The governments have transformed private debt into public debt. Now, that’s not something very commendable, because your grandchildren — and I know you have grandchildren — your grandchildren and their children will bear the price. This is immoral.
Filed in Audio, Books, Contributors, John, Video
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Also tagged bell curve, dave lull, fat tails, inflation 'tax', nassim taleb, Nouriel Roubini, Paul Solman, PBS, private liabilities to public debt, recession
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When it comes to economic life, we have evidence that a cab driver knows as much as a political scientist-anyone in Washington- in what’s going to happen tomorrow.
People tend to fit their beliefs to the profession, rather than fit their professions to their beliefs…
…when people’s income depends on certain set of beliefs, they will endorse these sets of beliefs, just for the sake of maintaining their lifestyle.
Certainly resonates with the current situation.
(Borrowing this post from another blog I collect my favorites into. Danny is just such a big part of the picture when it comes to the paradigm shift implied in NNT’s philosophy, plus, they’re good friends!) … the bat costs $1 more than the ball. How much does the ball cost? Daniel Kahneman KNOWS that [...]
Filed in Audio, John, Start Here, Video
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Also tagged awareness expansion, cognitive bias, cognitive liberty, Daniel Gilbert, danny kahneman, heuristics, McLuhan, mind hacks, narrative fallacy, prospect theory, rationality, Taleb, the riddle of experience
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