[The Guardian] The UK’s coronavirus policy may sound scientific. It isn’t

Nassim Nicholas Taleb and Yaneer Bar-Yam

When, along with applied systems scientist Dr Joe Norman, we first reacted to coronavirus on 25 January with the publication of an academic note urging caution, the virus had reportedly infected fewer than 2,000 people worldwide and fewer than 60 people were dead. That number need not have been so high.

Link: https://www.theguardian.com/commentisfree/2020/mar/25/…cummings

Uncertainty, Certainty and what to do when there is Systemic Risk

Third conversation between Nassim Nicholas Taleb & Yaneer Bar-Yam about uncertainty, certainty and what to do when there is a systemic risk; what not to do when a truck is headed your way. How acting early would have cost less? They also discuss:

  • John Ioannidis recent post “we are making decisions without reliable data”
  • Why we should make decisions without reliable data & use precautionary principles
  • How the costs would be so much smaller if we would have acted earlier.

Jan 26 Coronavirus Paper (PDF) – Joseph Norman, Yaneer Bar-Yam, and Nassim Nicholas Taleb, Systemic risk of pandemic via novel pathogens – Coronavirus: A note, New England Complex Systems Institute (January 26, 2020).

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Ethics of Precaution: Individual and Systemic Risk

Ethics of Precaution: Individual and Systemic Risk
Nassim Nicholas Taleb and Joseph Norman
New England Complex Systems Institute, School of Engineering, New York University
PDF Download Link: academia.edu/42223846…

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