Nassim Nicholas Taleb on Black Swans
EconTalk
00:00
Are We Fooled by Randomists?
I want to come back to the epidemiological result that we talked about earlier, because there's an interesting parallel in economics. In economics, ed limer at usale appointed is bias out and its what i like about is it goes back to an old professor mind george stigler. Yes, there's another prediction, very interesting a i did not put in a book because tis, i mean, the black swan is more about medicine than this is about economics, ok? So i didn't put a lot of economic example into economic life.
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