How to Prevent Other Financial Crises
Nassim Nicholas Taleb
George A. Martin
affiliation not provided to SSRN
School of Advanced International Studies Review, Forthcoming
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: 7Accepted Paper Series
Date posted: March 27, 2012
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