
Nassim Nicholas Taleb on the Financial Crisis
EconTalk
00:00
How to Live in a World We Don't Understand
Our understanding of the biological processes led to decrease in cures and cures. Whene we were thinkering, just going randomly looking for things, we didlot better than with directed research. So it's all part of the same package of how to live in a world we don't understand. The ancients knew how to do that much better than the moderns.
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