In the aftermath of the crisis, demand for my services has never been higher. Some would argue it's better to have map for chicago than no map at all. I just want to build a society in which these forecasts are not taken seriously. We know how to do kof mother nature.
Nassim Taleb, author of The Black Swan and Fooled by Randomness, talks with EconTalk host Russ Roberts about his latest thoughts on robustness, fragility, debt, insurance, uncertainty, exercise, moral hazard, knowledge, and the challenges of fame and fortune.