True but maybe a topic like Risk and Probability is applicable to lots of things? Even if it's not the final answer it's likely to be a useful perspective that generalises well.
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It is a useful perspective that can and should be applied in any field, but that's the extent of it. Knowing about risk, probability and black swans in general does not equip you to assess those in specific, complex domains (macroeconomics, human irrationality, politics etc.).
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Ex: Taleb has been claiming that QE would = hyperinflation. Economists like Krugman/Bernanke (whom Taleb calls "bullshit-vendors") realized that that wouldn't apply when interest rates are 0. Thankfully, the likes of Taleb were ignored, and QE has kept the economy afloat.
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Except you can’t really call QE a success until it is fully unwound. Which no government has managed yet.
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