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How to Prevent Other Financial CrisesNassim Nicholas TalebNYU-Poly George A. Martinaffiliation not provided to SSRN 2012 School of Advanced International Studies Review, Forthcoming Abstract: Policy recommendations to avoid additional crises, focused on "less is more" simple rule of "captain goes down with ship." These aim at eliminating the combination of statistical moral hazard and scientism-misuse of probabilistic methods that got us into trouble.
Number of Pages in PDF File: 7 Accepted Paper SeriesDate posted: March 27, 2012Suggested Citation |
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