Global Guerrillas: SOME THOUGHTS ON EXTREMISTAN"….extremistan. That's Nassim's term to describe areas of our experience that defy statistical analysis, modeling and thereby prediction. Essentially, he makes the persuasive case that all of the topics covered by the social sciences (from economics to warfare) are now firmly in extremistan, rather than the gaussian and statistically predictive world of mediocristan. Outcomes in extremistan are opaque to prediction yet can yield system...
Published on October 13, 2009 15:00