Nassim Nicholas Taleb News
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The first 401(k) retirement plan was born less than 33 years ago. The U.S. Social Security program is still in its seventies.
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The Bretton Woods economic conference would make a great movie: Dashing celebrity economist John Maynard Keynes of the U.K. squared off against U.S. Treasury official Harry Dexter White, who was later revealed to be a Soviet spy.
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According to Nassim Nicholas Taleb, predictions based on statistics would be reliable only if they drew their data from the future as well as the past. Here’s how he illustrates his point:
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U.S. President Barack Obama and his administration weakened the country’s economy by seeking to foster growth instead of paying down the federal debt, said Nassim Nicholas Taleb , author of “The Black Swan.”
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U.S. President Barack Obama and his administration weakened the country’s economy by seeking to foster growth instead of paying down the federal debt, said Nassim Nicholas Taleb , author of “The Black Swan.”
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Events such as last week’s stock market plunge that erased almost $1 trillion from U.S. equities usually have structural explanations, according to Nassim Nicholas Taleb , author of “The Black Swan.”
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Mary Schapiro, the former chairman of the Securities and Exchange Commission, must take us for fools.
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What books have high-profile readers been enjoying this year?
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Bankers who take government bail- outs to stay afloat should be paid no more than the civil servants who saved their business, said Nassim Nicholas Taleb, author of “The Black Swan.”
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Bill Clinton has a favorite Robert Rubin story.
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