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Throw Out the Old Economic Models – Room for Debate – NYTimes.com

Throw Out the Probability Models Nassim Nicholas Taleb, a former derivatives trader, is a distinguished professor of risk engineering at Polytechnic Institute of New York University. He is the author...

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Stabilization Won’t Save Us – NYTimes.com

Stabilization, of course, has long been the economic playbook of the United States government; it has kept interest rates low, shored up banks, purchased bad debts and printed money. But the effect is...

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How Would You Simplify the Financial-Reform Bill? A Freakonomics Quorum –...

HatTip to Dave Lull Nassim Nicholas Taleb is the author of The Black Swan. He is at work on a paper called “Why Did the Crisis of 2008 Happen?” (Links to NNT pdf) “The captain goes down with the...

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