Nassim Nicholas Taleb — "If you hear a 'prominent' economist using the word 'equilibrium', or 'normal dis…"
If you hear a 'prominent' economist using the word 'equilibrium', or 'normal distribution', do not argue with him; just ignore him.
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More from Nassim Nicholas Taleb
"To be a good philosopher, you need to be a good bullshit detector."
"The general public has a hard time distinguishing between the truth and a well-told story."
"Avoid people who are always right."
"The problem with experts is that they are so good at their field that they forget what it's like to be a beginner."
"I like Mondays more than I like lazy Sundays. I live for this sh*t."
About Nassim Nicholas Taleb (born 1960)
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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