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Nassim Taleb Hay Festival 2010 Guardian Video Clip

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.