The problem with the banking system and the failure of economics

Jesse has a link to an important discussion between Nicolas Taleb and Daniel Kahneman. Other than the well known Black Swan, Kahneman offers explanations as to why people, professionals and specialists do things that are clearly unsastainable if not down right dangerous. A very good and important lecture you should take the time to listen to.

http://jessescrossroadscafe.blogspot.com/2009/03/problems-with-banking-system-and.html

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