Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.
All of technology, really, is about maximizing free options.
I don't go to the doctor except when I'm very ill, and when I go to India, I drink a drop of local water.
I have never had personal debt and never will.
When you ask people, 'What's the opposite of fragile?,' they tend to say robust, resilient, adaptable, solid, strong. That's not it. The opposite of fragile is something that gains from disorder.
People employed in financial institutions are rarely interesting and even more rarely likable.
The world we live in is vastly different from the world we think we live in.
Governments that try to shoot for a surplus hardly ever reach it.
Fragility is the quality of things that are vulnerable to volatility.
The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine.
I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge.
Nature builds things that are antifragile. In the case of evolution, nature uses disorder to grow stronger. Occasional starvation or going to the gym also makes you stronger, because you subject your body to stressors and gain from them.
What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats.
Capitalism has forced everyone to overoptimize in order to compete.
Debt is a mistake between lender and borrower, and both should suffer.
I hated school because I liked to daydream and the system tried to stop me from that.
Paul Krugman is a danger to society!
Democracies can't handle austerity measures very well.
The mortgage crisis is a clear instance of consumers who needed protection. There was predatory lending to people who didn't know what they were doing.
Being an economist is the least ethical profession, closer to charlatanism than any science.
