http://noahpinionblog.blogspot.com/2014/01/of-brains-and-balls-nassim-talebs-macro.html What does Nicholas Nassim Taleb and Paul Krugman have in common? A tendency to make a lot of wrong predictions and not own up to them. Second, a tendency to sanctimoniously blame certain people like the 1%, bankers, high frequency traders, congress, Wall St., the fed, and economists for societies problems. But mostly bad… Continue reading Nicholas Nassim Taleb Wrong Again, Loses Temper
Month: April 2014
How Not to Predict Crisis
According to the left, financial crisis is always immanent and everything is a bubble. Liberals like Peter Schiff and Nicolas Nassim Taleb have argued that the financial system is more prone to collapse than before 2008, even though they have been repeating this line for the past five years to no avail. Instead of being… Continue reading How Not to Predict Crisis