tag:blogger.com,1999:blog-2761684730989137546.post5141562282913513145..comments2024-03-28T04:13:36.779-04:00Comments on Mike Norman Economics: Taleb: Intelectual yet Idiots not even wrongmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2761684730989137546.post-74553526083757479742016-08-30T13:24:21.148-04:002016-08-30T13:24:21.148-04:00To be fair I've read mixed rants about "p...To be fair I've read mixed rants about "printing money", QE, "too much debt", etc. from him. So I don't think he really has understanding of modern financial and monetary operations much like most of HF/banker establishment.<br /><br />Not strictly "we are running out of money" thinking, but probably also ideologically biased against government action and sovereignty and prefers "free markets!". Or in other words, he is probably a libertarian.Ignaciohttps://www.blogger.com/profile/16082008115484199316noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-5291558077276704482016-08-30T12:20:26.336-04:002016-08-30T12:20:26.336-04:00Right and remember what you observed about cogniti...Right and remember what you observed about cognition... ie when humans dont understand things they will then view it via stochastic analysis... <br /><br />like "there is a 50% chance the US will run out of money!" or something like that... "what are the chances the US will run out of money?!" , etc...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-89808620549488145252016-08-30T12:00:42.555-04:002016-08-30T12:00:42.555-04:00Taleb is an "out of money" person.
He i...Taleb is an "out of money" person.<br /><br />He is a 'stochastic' thinker, most of his academic work is on stochastic maths applied to finance actually.Ignaciohttps://www.blogger.com/profile/16082008115484199316noreply@blogger.com