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Posts Tagged ‘Davos’

Nassim Taleb speaks out in Davos, Switzerland, about how crises keep repeating because of the moral hazard of bailing out bad financial practices. Only if a system of punishment is in place (as it is in Switzerland) will future crises be averted.

In the same conference, Taleb records an impromptu video for Youtube to express his views. Great insights from our favorite skeptical empiricist.

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