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Showing posts from November 9, 2016

Nassim Taleb Explains Who Just Got Burie

The world's "intellectual yet idiot" clas s just took another blow to the chin, but who really got buried? Nassim 'black swan' Taleb explains... Simply put, as the "Intellectual Yet Idiot" class… What we have been seeing worldwide, from India to the UK to the US, is the rebellion against the inner circle of no-skin-in-the-game policymaking “clerks” and journalists-insiders, that class of paternalistic semi-intellectual experts with some Ivy league, Oxford-Cambridge, or similar label-driven education who are telling the rest of us: what to do,  what to eat,  how to speak,  how to think and who to vote for. But the problem is the one-eyed following the blind: these self-described members of the “intelligentsia” can’t find a coconut in Coconut Island, meaning they aren’t intelligent enough to define intelligence and fall into circularities, but their main skills is capacity to pass exams written by people like them. With psychology papers re...