Bankers, they're not harmed by their mistakes. They benefit when things go right, and the society pays the price.
Nassim Nicholas TalebAcademia is to knowledge what prostitution is to love; close enough on the surface but, to the non-sucker, not exactly the same thing.
Nassim Nicholas TalebIf you let markets - in general, my belief is that if you let markets give you information, they'll give you the information rather than artificially prop up everything.
Nassim Nicholas TalebIn poor countries, officials receive explicit bribes; in D.C. they get the sophisticated, implicit, unspoken promise to work for large corporations
Nassim Nicholas Taleb