Nassim discusses “how ‘evidence’ about the risk of terrorism as shown in the NYT and by BS vending journos makes no sense statistically” and  “explains the difference between classes using principles of Extreme Value Theory EVT without any math.”

Video: Nassim on Naive Empiricism, Terrorism, and Ebola

Posted on

March 16th, 2017

Category

Academic, MOOCs, Videos

While in Jaipur, Nassim was interviewed for The Hindu. In that interview, he explains his support for Trump:

In Skin in the Game, you seem to build on theories from The Black Swan that give a sense of foreboding about the world economy. Do you see another crisis coming?

Oh, absolutely! The last crisis [2008] hasn’t ended yet because they just delayed it. [Barack] Obama is an actor. He looks good, he raises good children, he is respectable. But he didn’t fix the economic system, he put novocaine [local anaesthetic] in the system. He delayed the

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Nassim: “Trump makes sense to a grocery store owner”

Posted on

March 16th, 2017

Category

Politics, Statements

(Background. The Black Swan explains the domain-dependence of expertise: why the electrician, dentist, are experts, while the journalist, State Department bureaucrat, and macroeconomist are not. Since then, there has been a global movement against the pseudo-expert, the serial incompetence of a certain class of babbling and pompous operatives across bureaucrato-academic professions. Which leads to the question: who is the real expert? Who decides on who is and who is not expert? Where is the metaexpert? Time it is. Or, rather, Lindy.)

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Medium Post: An Expert Called Lindy

Posted on

March 16th, 2017

Category

Academic, Writing

There is inequality and inequality.

The first is the inequality people tolerate, such as one’s understanding compared to that of people deemed heroes, say Einstein, Michelangelo, or the recluse mathematician Grisha Perelman, in comparison to whom one has no difficulty acknowledging a large surplus. This applies to entrepreneurs, artists, soldiers, heroes, the singer Bob Dylan, Socrates, the current local celebrity chef, some Roman Emperor of good repute, say Marcus Aurelius; in short those for whom one can naturally be a “fan”. You may like to imitate them, you may aspire to be

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Medium Post: Inequality and Skin in the Game

Posted on

March 16th, 2017

Category

Academic, Writing