Since Nassim Nicholas Taleb published his bestseller The Black Swan: the impact of the highly improbable back in 2007, “Black Swans” and “Black Swans events” have become part of everyday language. They are used as a catchphrase to mean two different things. First, as was the case recently in the Brookings interesting interactive “briefing book” Big Bets and … Continue reading Taleb’s Black Swans: The End of Foresight?

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