Isn't the Expert of Experts?

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Nasim is the is the expert of experts. Ah, you you have to be careful. It is a comforting thought for you, maybe not for us. Our our job is the less tal which is a some specialty, it's true. But so when it comes to right tllo benefits and stuff like that, understanding process, the body of the distribution, we have no er, you know, specialty,. We oba, we may understand some things, but we rank, we don't rank higher. So let me, now that give you a hierarchy. A sa noro biologist, and you have o dop on, robilogist, an e, statisticians saying

Nassim Nicholas Taleb, author of Antifragile, Black Swan, and Fooled by Randomness, talks with EconTalk host Russ Roberts about a recent co-authored paper on the risks of genetically modified organisms (GMOs) and the use of the Precautionary Principle. Taleb contrasts harm with ruin and explains how the differences imply different rules of behavior when dealing with the risk of each. Taleb argues that when considering the riskiness of GMOs, the right understanding of statistics is more valuable than expertise in biology or genetics. The central issue that pervades the conversation is how to cope with a small non-negligible risk of catastrophe.