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: Instapundit.com

HEH: `Black Swan? Author Says Investors Should Sue Nobel Economics Committee for Crisis. ?Nassim N?

By Glenn Reynolds

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HEH: `Black Swan’ Author Says Investors Should Sue Nobel Economics Committee for Crisis. “Nassim Nicholas Taleb, author of ?The Black Swan,? said investors who lost money in the financial crisis should sue the Swedish Central Bank for awarding the Nobel Prize to economists whose theories he said brought down the global economy. . . . Taleb said that the Nobel Prize for Economics has conferred legitimacy on risk models that caused investors? losses and taxpayer-funded bailouts. Sweden?s central bank will announce the winner of this year?s award on Oct. 11.”


Full post as published by Instapundit.com on October 10, 2010 (boomark / email).

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