‘Black Swan’ blues, or why what we don’t know can hurt us
Former Wall Street trader Nassim Taleb coined the term “black swan” to refer to unpredictable events that shape history and human experience far more than we are willing to admit. His bestselling book “The Black Swan: The Impact of the Highly Improbable” challenges conventional methods of economic forecasting, and has become a sort of travel guide to the current economic meltdown. Guest: Nassim Taleb, author of “The Black Swan: The Impact of the Highly Improbable.” Taleb is Distinguished Professor of Risk Engineering at New York University’s Polytechnic Institute and a visiting professor of Marketing at London Business School.
The story you just read is available to read for free because thousands of listeners and readers like you generously support our nonprofit newsroom. Every day, the reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you: We need your support to ensure we can continue this work for another year.
When you make a gift of $10 or more a month, we’ll invite you to a virtual behind-the-scenes tour of our newsroom to thank you for being with The World.