Saturday, 8 December 2012

Nassim Nicholas Taleb Public Lecture at LSE (Audio): How to live in a world we don't understand.

Taleb believes that many of the best and most successful systems in the world (such as evolution) have antifragility at their heart. Conversely, those systems which reject antifragility and suppress volatility (such as modern politics and banking) become weaker and less able to withstand the inevitable shocks – the major tragedy of modernity, according to Taleb. But antifragility is not simply an antidote to “black swan events”. Taleb believes that understanding antifragility makes us less fearful in accepting the role of these events as necessary for history, technology, knowledge and everything.  
Recorded on December 05, 2012

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