Daniel

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The corollary is obvious: since there is nothing new about the crisis of 2008, we will not learn from it and we will make the same mistake in the future. And the evidence is there at the time of writing: the IMF continues to issue forecasts (not realizing that previous ones did not work and that the poor suckers relying on them are—once again—going to get in trouble); economics professors still use the Gaussian; the current administration is populated with those who are bringing model error into industrial proportion, making us rely on models even more than ever before.
The Black Swan: The Impact of the Highly Improbable (Incerto, #2)
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