linkmachinego.com

[books] Ten principles for a Black Swan-proof world … more from Nassim Nicholas Taleb‘Citizens should not depend on financial assets or fallible “expert” advice for their retirement. Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control).’ [via Metafilter]

Ten principles for a Black Swan-proof world

This entry was posted on Saturday, May 2nd, 2009 at 12:00 am and is filed under Books.

« »


No Comments

Sorry, the comment form is closed at this time.