Nassim Nicholas Taleb Quote

In a few decades will we look upon the Nobel economics committee with the same smirk as when we look at the respected scientific establishments of the Middle Ages that promoted (against all observational evidence) the idea that the heart  was a center of heat? We have been getting things wrong in the past and we laugh at our past institutions; it is time to figure out that we should avoid enshrining the present ones.

Nassim Nicholas Taleb

In a few decades will we look upon the Nobel economics committee with the same smirk as when we look at the respected scientific establishments of the Middle Ages that promoted (against all observational evidence) the idea that the heart  was a center of heat? We have been getting things wrong in the past and we laugh at our past institutions; it is time to figure out that we should avoid enshrining the present ones.

Related Quotes