On Medium, Nassim posts an excerpt from Skin in the Game:

What we have been seeing worldwide, from India to the UK to the US, is the rebellion against the inner circle of no-skin-in-the-game policymaking “clerks” and journalists-insiders, that class of paternalistic semi-intellectual experts with some Ivy league, Oxford-Cambridge, or similar label-driven education who are telling the rest of us 1) what to do, 2) what to eat, 3) how to speak, 4) how to think… and 5) who to vote for.

But the problem is the one-eyed following the blind: these self-described

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The Intellectual Yet Idiot

Posted on

September 28th, 2016

Category

Academic, Writing

Nassim appears on Sophie Shevardnadze’s talk show on RT. The transcript of the interview is below:

Sophie Shevardnadze: Professor Nassim Nicholas Taleb, it’s a real pleasure to have you on our show today.

Nassim Taleb: Thank you, I’m honoured to be here. Thanks for inviting me.

SS: You’ve said that there’s no way to control economic cycles and prevent crashes, right? So, basically, I quote: “what we need is citizens to become robust to them and to be immune to their

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Nassim: We Worry about Terror, But Disease is the Black Swan of the World

Posted on

September 13th, 2016

Category

Politics, Videos

On Medium, Nassim posts a continuation of his previous article on the Minority Rule:

Let us take the idea of the last chapter [the intransigent minority’s disproportional influence] one step further, get a bit more technical, and generalize. It will debunk some of the fallacies we hear in psychology, “evolutionary theory”, game theory, behavioral economics, neuroscience, and similar fields not subjected to proper logical (and mathematical) rigor, in spite of the occasional semi-complicated equations. For instance we will see why behavioral

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Where You Cannot Generalize from Knowledge of Parts

Posted on

September 13th, 2016

On Medium, Nassim explains how once an intransigent minority reaches a tiny percentage of the total population, the majority of the population will naturally succumb to their preferences:

The best example I know that gives insights into the functioning of a complex system is with the following situation. It suffices for an intransigent minority –a certain type of intransigent minorities –to reach a minutely small level, say three or four percent of the total population, for the entire population to have to submit to their preferences. Further, an

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The Most Intolerant Wins: The Dictatorship of the Small Minority

Posted on

August 19th, 2016

Category

Academic, Links, Politics

1/@FiveThirtyEight : 55% “probability” for Trump then 20% 10 d later, not realizing their “probability” is too stochastic to be probability.

— NassimNicholasTaleb (@nntaleb) August 6, 2016

2/ So @FiveThirtyEight is showing us a textbook case on how to be totally *clueless* about probability yet make a business in it.

— NassimNicholasTaleb (@nntaleb) August 6, 2016

3) More

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Nassim Criticizes Nate Silver’s Election Predictions on Twitter

Posted on

August 14th, 2016

On his facebook page, Nassim shared the fact that he recently presented “an English translation” of his technical thesis on violence, co-authored by Pasquale Cirillo and written in response to Steven Pinker’s assertion that violence has declined, to the Nobel Symposium, a three-day retreat for the president of the Nobel Peace Prize Committee, the secretary of the Prize, a few committee members, and 20 scholars. He wrote:

I presented the paper on violence. Bear Braumoeller presented another one similarly critical of Pinker. After our session, the audience was split into:

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Nassim Recently Presented His Thesis on Violence to the Nobel Symposium

Posted on

June 26th, 2016

Category

Academic, Writing

On facebook, Nassim recently posted the following statement about journalistic ethics in light of the current controversy over Hulk Hogan’s successful lawsuit for $140 million dollars against Gawker Media. Hulk Hogan was backed by tech billionaire Peter Thiel in his efforts:

PUTTING SKIN IN THE GAME OF JOURNALISTS [CITIZENS vs GAWKER and CITIZENS vs JOURNALISM]

Journalists –as any guild, care about their peers and their community more than the general public. Except that we cannot afford to have such a community engage in a conspiracy against the laymen since they represent our interests, us

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Nassim on Journalists

Posted on

June 7th, 2016

Category

Links, Statements