Nassim Taleb has a Friday Quiz on his Facebook Page

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Nassim Taleb speaking at the New England Complex Systems Institute – NECSI Executive Education: Antifragility

necsi

Antifragility: A User’s Manual

Learn to thrive in a volatile and complex world by creating “antifragile” organizations that thrive on stress and disorder

A two-day program for senior management
November 4th and 5th, 2013
Cambridge, MA

Speakers:

Nassim Nicholas Taleb, Distinguished Professor, Polytechnic Institute of New York University

Yaneer Bar-Yam, President and Professor, New England Complex Systems Institute

Link to more details including registration here.

Steven Perlberg on Business Insider: 35 Brilliant Insights From Nassim Taleb

Nassim Taleb

Facebook is the perfect platform for eccentric author Nassim Taleb, whose knack for thinking outside the box and waxing poetic is unparalleled.

Here’s how the acclaimed author of “The Black Swan,” describes his Facebook account: “This is for philosophical discussions. Please, no finance (or similarly depraved topics), and no journalists.”

Via Business Insider

Dr Khandee Ahnaimugan on The Huffingtonpost Lifestyle: The Antifragile Diet

dr khandee ahnaimuganBlog post today in the Huffington Post from Dr Khandee Ahnaimugan titled The Antifragile Diet:

I’ve recently read the book Antifragile: Things That Gain From Disorder by Nassim Nicholas Taleb. It’s obviously not a diet book, but the principles in it are highly relevant to weight loss.

But first, a bit of background. We are all familiar with things that are fragile. If you drop a Ming vase from a height, it shatters. Something that is resilient on the other hand, when dropped from a height withstands stress. An example might be an iron bar.

But until now, we didn’t really have a word for something that gets stronger when it’s placed under stress. That’s why Mr Taleb coined the term “antifragile”.

A good example of antifragility is the system of airline safety. Notwithstanding a few recent tragic examples, air travel gets safer and safer every year. The reason being that every time there is a crash, the incident is scrutinised, causes are elucidated and then measures are taken to try and avoid it happening again. Every air crash makes the next one less likely.

In other words, the system is set up to respond positively to negative things. Every bad incident makes the overall system stronger.

Nassim Taleb replies to Brian Eno: The Artangel Longplayer Letters

The Artangel Longplayer Letters:

From: Nassim Nicholas Taleb, New York.
To: Stewart Brand, Sausalito

3 July 2013

Dear Stewart,
I would like to reply to Brian Eno’s important letter by proposing a methodology to deal with risks to our planet, and I chose you because of your Long Now mission.

First let us put forward the Principle of Fragility As Nonlinear (Concave) Response as a central idea that touches about anything.

Read the rest: http:// longplayer. org/ what/ whatelse/ letters.php

Paper: Problem with Economics

From Nassim Nicholas Taleb Facebook Page:

Friends, I am presenting this document (summary of recent work) explaining what is wrong with economics models at a conference in France (which is not fully infected with the Anglo-American disease).
Please let me know if you find mistakes as I cut/pasted from *Fat Tails & Fragility*.

https:// dl. drop box user content. com/ u/ 50282823/ Problems%20 with%20 Economics.pdf

A Brief Exposition of Violations of Scientific Rigor In Current Economic Modeling

Nassim Nicholas Taleb
NYU-Poly Institute

July 2013

This is a brief summary of the problems discussed in philosophical terms in The Black Swan and Antifragile with a more mathematical exposition in Fat Tails and Antifragility (2013). Most of the text was excerpted from the latter book.

Note that this is not a critique of modern economic modeling from outside, but from within, using mathematics to put the methods claimed under scrutiny.

The message is simple: focus on measurable robustness to model error and convex heuristics, instead of relying on “scientific” measurements and models. For these measurements tend to cause blowups. And we can measure fragility, not quite statistical risks.

Bed of Procrustes