Academia is to knowledge what prostitution is to love.

The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine.

Meditation is a way to be narcissistic without hurting anyone

It might be useful to be able to predict war. But tension does not necessarily lead to war, but often to peace and to denouement.

Wittgenstein's ruler: Unless you have confidence in the ruler's reliability, if you use a ruler to measure a table you may also be using the table to measure the ruler.

Also, it's good to have more than one profession, in case your own profession goes out of style. A Wall Street trader who's also a belly dancer will do a lot better than a trader who winds up driving a taxi.

If you are in banking and lending, surprise outcomes are likely to be negative for you.