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Nassim Nicholas Taleb on Black Swans, Fragility, and Mistakes

EconTalk

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Can't Forecast, What Should We Do?

The problem of forecasting has increased in the past 25 years, says David Frum. He wants a society where human error doesn't penalize the cter multitude. But at the same time he argues that large mistakes are crippling. "We've had ification of the world while having more fragility"

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