Nassim Taleb, New York University professor and author of “The Black Swan: The Impact of the Highly Improbable“, discusses the Federal Reserve’s decision to initiate another round of quantitative easing. He also talks about his new book “The Bed of Procrustes: Philosophical and Practical Aphorisms”.
Also read the thoughtful article by Paul Sandison entitled “The Time is Overdue for the US to Sober Up on Spending and Industrial Policy”.
Source: Bloomberg (via YouTube), November 12, 2010.
