What makes universities perverse is that academic wars are won by both sides.
(50 more aphorisms)
via What makes universities perverse is that… – Nassim Nicholas Taleb.
Sometimes you say things and others know what you mean better than you do.
via Sometimes you say things and others know what… – Nassim Nicholas Taleb.
Rupert Read and I wrote a short piece on religion as conveyor of intergenerational convex heuristics. Instead of putting technical stuff we just conveyed results from “Silent Risk”.
http://econjwatch.org/articles/religion-heuristics-and-intergenerational-risk-management
Religion, Heuristics, and Intergenerational Risk Management · Econ Journal Watch: Risk…
This article does not concern what might be termed ‘the religious side of religion’ (each of us has written about that elsewhereSee Taleb (2010b, 18-21) and…
econjwatch.org
via Rupert Read and I wrote a short piece on… – Nassim Nicholas Taleb.
In the U.S., when I look at a room with hotshot businessmen in 2014, I know that the 2024 one will be different (except for businessess subject to bailouts). The same cannot be said in Europe or in places where the state is powerful. And if I look at the bureaucratic and academic establishments, the only people who would drop out of the 2014 cohort are the retired/deceased ones.
Static measurements of inequality are defective (in addition to their traditional lack of mathematical rigor). True equality in income is probabilistic: it requires downward mobility. This should map to opportunity. I quickly wrote down the sketch of what such a true measurement of equality would be like.https://docs.google.com/file/d/0B8nhAlfIk3QIX3AzcHFkaGtORkU/edit
In the U.S., when I look at a room with hotshot… – Nassim Nicholas Taleb.
For most of the professional researchers I’ve met, other people’s ideas are just like other people’s children.
For most of the professional researchers I’ve… – Nassim Nicholas Taleb.
