Nassim Taleb

Beyond Income Inequality

Can the current iteration of global capitalism be reformed, or is it poised to be replaced by some other mode of production?

A "Big Problem" Emerges For Trump's Economic Plan

Republican lawmakers warn that there could be a major obstacle to enacting President-elect Donald Trump’s agenda: the national debt. As Senator Jeff Flake said of deficits and debt: "I was disappointed that it wasn’t brought up in the campaign. It’s the biggest problem we face, by far."

"People Are Mad" - Dave Collum Warns "Existential Change Is In The Air"

Chemistry professor, and infamous market observer Dave Collum, author of the encyclopedic 'Year in Reviews', senses "existential risk in the American Experiment." In an excellent interview with The Cornell Review, Collum opines on everything from 'safe spaces' to 'social unrest' warning "people are now mad, and it shows in the chaotic election. We are guaranteed to elect a president that half the populace finds repugnant...Change is in the air."

Lessons From The Worst Banking Crisis In History

A very reliable rule of thumb to keep in mind during (and before) a banking crisis: don’t trust anyone in the establishment, especially a politician. It’s good advice these days.. Europe’s banks and its governments are caught like two drunken sailors holding each other up.

 

In Gold We Trust, 2016 Edition

"...the increasing desperation of central bankers and their willingness to boost inflation at all cost is going to lead to a plethora of unintended consequences, all of which are likely to boost the gold price."