Paul Krugman is a danger to society!

Switzerland is the perfect place where you have volatility at a municipal level that nothing up top - small units competing with each other.

In economic life and history more generally, just about everything of consequence comes from black swans; ordinary events have paltry effects in the long term.

We should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?

We have this culture of financialization. People think they need to make money with their savings rather with their own business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the stock market for entertainment.

But they never notice the following inconsistency: this so-called worst-case event, when it happened, exceeded the worst case at the time.

The opposite of fragile is something that gains from disorder.