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Tag Archives: PBS

Which Economists Can See the Future? | PBS NewsHour

I’ve interviewed Nassim Taleb of “Black Swan” fame three times on the NewsHour — here, there, and back here. Sadly, we never had time for his wonderful monkey example. Here’s an early version, from his book “Dynamic Hedging”: “If one puts an infinite number of monkeys in front of (strongly built) typewriters and lets them […]

PBS Video Taleb & Roubini Examine Potential for Longer Recession

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.