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Nassim Nicholas Taleb on the Pandemic

EconTalk

The Statistical Consequences of Fat Tales

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A lot of modelling takes place because it's con lenient. And dealing with expected value, which is the average, is easy. We're not agaist modelling. They are parameters of for factal distribution that are very robust. It doesn't mean that because you have a model that is right. You just have to be very careful. There is a e. Fantastic bedside reading. I suspect epeat asthe trouble falling asleep.

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