Predictor of Financial Crisis Dispenses Bite-Sized Wisdom

'Black Swan' author moves from economics to philosophy

Monday, December 13, 2010

Nassim Taleb is the philosopher and former trader who correctly predicted that the mathematical models Wall Street used to measure risk would lead to a massive financial crisis. His new book, ‘The Bed of Procrustes,’ scrutinizes the economy, as well as human knowledge and values. The book features "practical and philosophical aphorisms," and includes fortune-cookie sized sentences that attempt to "expose self-delusions you have been living with but have never recognized."

Taleb is the current Distinguished Professor of Risk Engineering at New York University. He is the author of 'Fooled by Randomness' and 'The Black Swan.'

Guests:

Nassim Nicholas Taleb

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