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Archive of posts published in the tag: The Black Swan

Lost With the Wrong Map

If you have the cue ball and just one other ball on the pool table lined up for shot in the corner pocket, AND you are a reasonable competent pool player then you can determine with some degree of accuracy

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We are all economists now

To say that economics is about money is like saying art is about color.  Money is a critical element, but it explains very little about the discipline. Many laymen confuse economics with finance. While the subjects substantially overlap, our recent

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The Great Equalizer

“Capitalism is, among other things, the revitalization of the world thanks to the opportunity to be lucky.  Luck is the great equalizer because almost everyone can benefit from it. The socialist government protected their monsters and, by doing so, killed

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Arbitrary Alliances

“If you want to see what I mean by arbitrariness of categories, check the situation of polarized politics.  The next time a Marian visits earth, try to explain to him why who those favor allowing the elimination of a fetus

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The Source of America’s Economic Strength

“Whenever you hear a snotty (and frustrated) European middlebrow presenting his stereotypes about Americans, he will often describe them as “uncultured,” “unintellectual,” and “poor in math” because, unlike his peers, Americans are not into equation drills and the constructions middlebrows

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