Deficits are like putting dynamite in the hands of children. They can get out of control very quickly.

The only valid political system is one that can handle an imbecile in power without suffering from it

Things always become obvious after the fact

The central idea in The Black Swan is that: rare events cannot be estimated from empirical observation since they are rare.

We tend to use knowledge as therapy.

When you beat up someone physically, you get excercise and stress relief; when you assault him verbally on the Internet, you just harm yourself.

Redundancy is ambiguous because it seems like a waste if nothing unusual happens. Except that something unusual happens-usually .