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The black swan : the impact of the highly improbable

Author: Nassim Nicholas Taleb
Publisher: London : Taylor and Francis, 2017.
Series: The Macat Library. Economics; The Macat Library. Economics
Edition/Format:   Print book : English : 1ª edView all editions and formats
Summary:
"One of the primary qualities of good creative thinking is an intellectual freedom to think outside of the box. Good creative thinkers resist orthodox ideas, take new lines of enquiry, and generally come at problems from the kinds of angles almost no one else could. And, what is more, when the ideas of creative thinkers are convincing, they can reshape an entire topic, and change the orthodoxy for good. Nassim  Read more...
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Named Person: Nassim Nicholas Taleb
Document Type: Book
All Authors / Contributors: Nassim Nicholas Taleb
ISBN: 9781912302321 9781912128204 9781912281206 1912302322 1912128209 1912281201
OCLC Number: 1055210770
Description: 92 pages ; [approximately 23-29] cm.
Series Title: The Macat Library. Economics; The Macat Library. Economics
Responsibility: Nassim Nicholas Taleb.

Abstract:

"One of the primary qualities of good creative thinking is an intellectual freedom to think outside of the box. Good creative thinkers resist orthodox ideas, take new lines of enquiry, and generally come at problems from the kinds of angles almost no one else could. And, what is more, when the ideas of creative thinkers are convincing, they can reshape an entire topic, and change the orthodoxy for good. Nassim Nicholas Tale©b';s 2007 bestseller The Black Swan: The Impact of the Highly Improbable is precisely such a book: an entertaining, polemical, creative attack on how people in general, and economic experts in particular view the possibility of catastrophic events. Taleb writes with rare creative verve for someone who is also an expert in mathematics, finance, and epistemology (the philosophy of knowledge), and he martials all his skills to turn standard reasoning inside out. His central point is that far from being unimportant, extremely rare events are frequently the most important ones of all: it is highly improbable, but highly consequential occurrences--what he calls Black Swans--that have shaped history most. As a result, Taleb concludes, improbability is not a reason to act as if a possible event does not matter. Rather, it should inspire the opposite reaction."--Provided by publisher.

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