{"id":6837,"date":"2014-05-19T16:07:31","date_gmt":"2014-05-19T23:07:31","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=6837"},"modified":"2014-05-19T16:07:31","modified_gmt":"2014-05-19T23:07:31","slug":"taleb-upset-after-debate-with-summers-business-insider","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2014\/05\/taleb-upset-after-debate-with-summers-business-insider\/","title":{"rendered":"Taleb Upset After Debate With Summers &#8211; Business Insider"},"content":{"rendered":"<p>I hope we get to see this at some point.<\/p>\n<blockquote><p>As for what bothered Taleb the most, it was Summers&#8217; characterization of Taleb&#8217;s argument about how it&#8217;s important to have skin in the game: &#8220;Basically when you argue with an academic that skin-in-the-game is necessary not sufficient, the rest of the discussion should take that into account. Summers kept viciously transforming my argument into &#8216;skin-in-the-game is a replacement for more capital and risk controls.&#8217;<\/p>\n<p>&#8220;So, what&#8217;s the problem? Taleb is more offended by Summers&#8217; form. He said Summers stooped to a low point that he wouldn&#8217;t go to.<\/p>\n<p>&#8220;I stuck to my commitment,&#8221; Taleb said. &#8220;He&#8217;s [Summers] narcissistic &#8230; At no point did I try to win the argument.&#8221;<\/p>\n<p>Business Insider was there, and it did seem like the argument was well-moderated. There were moments of tension, but that&#8217;s healthy. It&#8217;s certainly not the first time the two have gotten feisty either.<\/p><\/blockquote>\n<p>via <a href=\"http:\/\/www.businessinsider.com\/taleb-upset-after-debate-with-summers-2014-5\">Taleb Upset After Debate With Summers &#8211; Business Insider<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I hope we get to see this at some point. As for what bothered Taleb the most, it was Summers&#8217; characterization of Taleb&#8217;s argument about how it&#8217;s important to have skin in the game: &#8220;Basically when you argue with an academic that skin-in-the-game is necessary not sufficient, the rest of the discussion should take that [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102],"tags":[802,803],"class_list":["post-6837","post","type-post","status-publish","format-standard","hentry","category-event","tag-larry-summers","tag-salt2014"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/6837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=6837"}],"version-history":[{"count":2,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/6837\/revisions"}],"predecessor-version":[{"id":6839,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/6837\/revisions\/6839"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=6837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=6837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=6837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}