Economist:Nassim Taleb
Nassim Taleb
Biography
Lebanese-American essayist, mathematical statistician, and former options trader.
School of Thought
Risk Economics
Notable Quotes
On Digital Currency and Monetary Policy
"Bitcoin is the beginning of something great: a currency without a government."[1]
On Innovation Cycles and Market Bubbles
"Complex systems are prone to Black Swan events - rare but extreme events that have massive impact."[2] "What is fragile should break early, while it's still small."[3]
On Labor Market Disruption from Automation
"The three most harmful addictions are heroin, carbohydrates, and a monthly salary."[4]
On Human Capital in Age of AI
"Academia has a tendency to produce cosmetic knowledge."[5]