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Monthly Archives: July 2011

Dodd-Frank-Created Stats Office Comes Under Fire – Real Time Economics – WSJ

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HatTip to Dave Lull.
Mr. Taleb’s critique of the OFR, on the other hand, is directed at the whole concept of creating a body to try to measure risk in the financial system. Mr. Taleb gained fame for his book “The Black Swan,” w…

’Black Swan’s’ Taleb to Advise IMF on Risk – Bloomberg

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Also! “Taleb will testify today before the U.S. Congress’s Committee on Financial Services about the establishment of the Office of Financial Research…
Nassim Taleb, author of “The Black
Swan,” will work with the Internationa…

Artisans sell you wine; large corporations poisonous drinks.http://fooledbyrandomness.com/AntiFragilityJuly2011-4.pdf

Artisans sell you wine; large corporations poisonous drinks.http://fooledbyrandomness.com/AntiFragilityJuly2011-4.pdfhttp://fooledbyrandomness.com/AntiFragilityJuly2011-4.pdffooledbyrandomness.com

Opacity

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HatTip to Dave Lull. From NNT’s notebook.
145 Intervention Bias

FIELD
Intervention Bias
Costs/Fragility

Medicine, Health
Overtreatment, bias
Steady feeding, thermal stability, etc.
P…

I hope this is clear: in simple English, the definition of fragility (& antifragility) = nonlinearity.

I hope this is clear: in simple English, the definition of fragility (& antifragility) = nonlinearity.http://fooledbyrandomness.com/AntiFragilityJuly2011.pdfhttp://fooledbyrandomness.com/AntiFragilityJuly2011.pdffooledbyrandomness.com