Monday, December 5, 2011

Nassim Taleb's Black Swan of Cairo Essay

Here's a link to Nassim Taleb's essay in Foreign Affairs entitled The Black Swan of Cairo.

Taleb writes that governments and institutions, in attempting to flatten natural volatility, instead creates economic and social bottlenecks that will ultimately erupt beyond the artificially "normal" parameters of the last few decades.

Check it out - it's a fascinating essay.

Link to my earlier book review of Taleb's famous book The Black Swan.

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