Sublime
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Taleb, Nassim Nicholas. The Black Swan: The impact of the highly improbable. Random House, 2007.
David Aldousstat.berkeley.edu
Yet Bernanke’s analysis ignores the fact that the riskiest subprime loans were priced off short-term rates, including the option of adjustable-rate mortgages with their negative amortization feature (in which interest was rolled up with the principal).
Edward Chancellor • The Price of Time: The Real Story of Interest
This was a first: a Wall Street trading firm whose business was premised on its ability to hire the brightest mathematical minds was now compelled to make arguments about the limits of math in life. “It was this hour-long conversation with the partner where he tried to convince me to stay because utilitarianism was flawed,”
Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
“They have hired astronomers; they have hired mathematicians; they have hired physicists; they have even hired theologists. They never even interviewed an economist.”
W. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
Use transparency to help enforce justice.
Ray Dalio • Principles: Life and Work
