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Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending

Nassim Nicholas Taleb

Nassim Nicholas Taleb

bankersbankingeconomicsexpertiseexpertsfinancerecessionrecessions

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The curious mind embraces science; the gifted and sensitive, the arts; the practical, business; the leftover becomes an economist
— Nassim Nicholas Taleb
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If you hear a "prominent" economist using the word 'equilibrium,' or 'normal distribution,' do not argue with him; just ignore him, or try to put a rat down his shirt.
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It has been more profitable for us to bind together in the wrong direction than to be alone in the right one. Those who have followed the assertive idiot rather than the introspective wise person have passed us some of their genes. This is apparent from a social pathology: psychopaths rally followers.
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If you are in banking and lending, surprise outcomes are likely to be negative for you.
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Economics make homeopath and alternative healers look empirical and scientific.
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