Nassim Taleb

Nassim Taleb Crushes The 'Merchants Of Virtue'

Virtue without courage is an aberration: in fact you see cowards endorsing a public face of “virtue” as defined by the mainstream media, because they are afraid of doing otherwise. Their cowardice leads them to avoid association with, say anti-Al Qaeda in Syria because some Saudi shill will accuse them of Putinism, racism, anti-democracy, or some accusation that will cause ostracism.

The Economic School You've Never Heard Of

Mainstream economics is under heavy pressure. Consistently wrong policies and forecasts have damaged the field dubbed “the dismal science.” Almost all alternative economists are calling for more government involvement to “fix” the free market and make it work better. But there is one school of economics, once prevalent in academia until it was pushed into obscurity, that places the power to fix the world’s problems in the hands of the people.

What Nassim Taleb Can Teach Us

Nassim Nicholas Taleb does not suffer fools gladly... "we are increasingly ruled by an intellectual, political, economic, and cultural elite that does not bear the consequences of the decisions it makes on our (unwitting) behalf..."

100 Years Ago, Russian Stocks Had A Very Bad Day

Just as stocks had doubled after a trading pause lasting the duration of World War I, and the sky seemed the limit for Russian investors.... something very unpleasant happened.

America Has A Hole In Its Head

We need a new civil war like we need a hole in the head. But that’s just it: America has a hole in its head. It’s the place formerly known as The Center. It didn’t hold.

Will Donald Trump Reverse The War On Cash?

"The War on Cash is a mortal threat to individual and economic liberty. I think its advocates are clearly sociopaths and enemies of the common man. Unfortunately, I don’t see the war slowing down. I see it heating up."

Nassim Taleb Explains "How To Go Bankrupt & Be Loved By The Many"

"The detractors of Donald Trump failed to realize that, by advertising his episode of bankruptcy and his personal losses of close to a billion dollars, they removed the resentment one may have towards him. There is something respectable in losing a billion dollars, provided it is your own money... your 'skin in the game'."