Nassim Nicholas Taleb — "Bureaucracy is a construction by which a person is conveniently separated from t…"
Bureaucracy is a construction by which a person is conveniently separated from the consequences of his or her actions.
Bureaucracy is a construction by which a person is conveniently separated from the consequences of his or her actions.
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"An expert is a person who has made all the mistakes that can be made in a very narrow field."
"Never eat anything that your great-grandmother would not recognize as food."
"Nobel prize guy is an idiot."
"The world is more random than we think, and we are more fragile than we think."
"I've debated many economists who claim to specialize in risk and probability: when one takes them slightly outside their narrow focus, but within the discipline of probability, they fall apart, with t…"
Lebanese-American probabilist and The Black Swan (2007) author whose work on tail risk and antifragility reshaped finance and policy thinking. Closely associated with Benoit Mandelbrot (fractal mathematician, Taleb's mentor figure). For an intellectual contrast, see Steven Pinker, Harvard psychologist and The Better Angels of Our Nature author — Taleb has spent the 2010s publicly attacking Pinker's data-driven 'things are getting better' optimism as naive Gaussian thinking under fat-tailed reality — the loudest public statistics argument of the decade.
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