Here is an exerpt from our latest article, “Where is the evidence?” Written by one of our staff, she details her reading of Nassim Taleb’s philosophies on our recent economic slowdown.

“Taleb’s writings introduce ideas that challenge the traditions of risk management and talks about the extremes society faces because of these traditional thought processes. He talks about the propensity of people to believe in scientific evidence versus obvious flaws which is a risk level that is doomed for failure. He believes it is idiotic that we manage our lives by such a lack of evidence. He points out how all airplane passengers are subject to passing through checkpoints, except there is zero evidence that these passengers are carrying weapons. However, if there were no checkpoints at all, there is a very high probability that a plane will be destroyed thanks to some terrorist. Now it seems how clear it should have been that financial collapse was certain for the global economy without the necessary checkpoints.”

To read the entire article, click here to request it.