EconTalk

Nassim Nicholas Taleb on Black Swans, Fragility, and Mistakes

May 3, 2010
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Episode notes
1
Introduction
00:00 • 4min
2
I'm a Jew, I've Seen Hamlet, Also.
04:28 • 2min
3
Can't Forecast, What Should We Do?
06:24 • 5min
4
Forecasting Is Harder Than You Think
11:05 • 4min
5
The Bigger the Sample, the More Data the Better the Forecast
14:36 • 3min
6
Is Forecasting a Waste of Time?
17:31 • 3min
7
Is It Better to Have a Map for Chicago Than No Map?
20:40 • 2min
8
Debt Is the Opposite of Redundancy
22:13 • 2min
9
I Don't Like to Give People a Second Chance
24:40 • 2min
10
Large Companies Are More Fragile
27:07 • 2min
11
Regulators Are What Got Us Here
29:01 • 3min
12
The True False Is Not What Matters
32:14 • 3min
13
The Third Dimension of Uncertainty
35:34 • 2min
14
Is Ocavet a Good Thing?
37:09 • 2min
15
Mother Nature Doesn't Ice Things
38:42 • 2min
16
We've Gotten Better at Healing the Human Body
40:40 • 4min
17
How Do You Get Fit? Is It a Good Idea? Or a Bad Idea?
44:44 • 2min
18
You Run on Rocks, You Can Break Your Nose
47:12 • 2min
19
Convexity Is a Complex Instrument
49:36 • 2min
20
Convexity of Error, Is a Very Simple Idea.
51:25 • 4min
21
The Effect of the Errors in Pricing an Option
55:11 • 2min
22
I'm a Traiter of Hyperslation
57:02 • 2min
23
Is It a Myth or a Misconception?
58:58 • 3min
24
The Appeal of Design, Not Trial and Error, Isn't It?
01:01:44 • 2min
25
Er, I Have Not Been Corrupted So Far.
01:03:55 • 3min