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."
—Nassim Taleb, Twitter (2017)
On Innovation Cycles and Market Bubbles
"Complex systems are prone to Black Swan events - rare but extreme events that have massive impact."
—Nassim Taleb, The Black Swan (2007), p. xvii, Random House
Additional Notable Quotes
On Innovation Cycles and Market Bubbles
"What is fragile should break early, while it's still small."
—Nassim Taleb, Antifragile (2012), p. 74, Random House
On Labor Market Disruption from Automation
"The three most harmful addictions are heroin, carbohydrates, and a monthly salary."
—Nassim Taleb, The Bed of Procrustes (2010), p. 45, Random House
On Human Capital in Age of AI
"Academia has a tendency to produce cosmetic knowledge."
—Nassim Taleb, Skin in the Game (2018), p. 231, Random House