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A conversation between Nassim Nicholas Taleb and Stephen Wolfram (July 2, 2021) [Part 1]

The Stephen Wolfram Podcast

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The Central Limit Theorem

The central people in many fields, including economics, believe the central limit theorem tells them everything. And i think, you know, as soon as you're talking about fat tales, yo, go away from that story. That's why have mathematica here. Al right, so let me explain the central limit to everyone here using mathematical ok. So we can apply this to economic without going into option, something very complicated. I'm applying it first to your grand uncle rouquet. And and next to a wine versus clause. And ricardo's example, which is taught in every likea book,. An interanot beginnng beginning in economics, one or one roque. One

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