video:
http://www.brasschecktv.com/page/542.html


Subject: Brasscheck TV: Fooled by globalization
Date: Monday, January 26, 2009, 5:26 AM

Globalization...

The big banks wanted it...the huge industrial
cartels wanted it...agribusiness wanted it...
all the "policy experts" pushed it...and White
House criminals like Bill Clinton and George Bush 
railroaded it.   

Who didn't want it? 

Labor unions...small farmers...citizens concerned
about the sovereignty of their own countries...human
rights activists. 

Well, we're economically "globalized" now.  

And here's what one of the leading mathematicians
in the world and one of the currently most successful
options traders in the world has to say about the
potential consequences. 

Make sure you're sitting down and don't operate
heavy machinery right after watching this.

Details: 

http://www.brasschecktv.com/page/542.html
  
- Brasscheck

===

Vicky Davis:
These two guys - Taleb and Mandalbrot are right:
 over optimization, too many resources in too few hands. 


#######

video:
After Words with Nassim Taleb 
[The Black Swan: The Impact of the Highly Improbable], 
Nassim Nicholas Taleb talked about his book The Black Swan: The Impact of 
the Highly Improbable, published by Random House. In his book Mr. Taleb 
argues that people are too focused on what they already understand and 
reluctant to engage in what they don't know. He described improbable events 
that have had a great effect on the world, from the September 11 terrorist 
attacks to the creation and success of Google. He contended that these 
"black swans" challenge our concept of randomness and the unknown. The guest 
interviewer was David Brooks.

Nassim Taleb is a former Sciences of Uncertainty professor at the University 
of Massachusetts at Amherst. He is the author of Fooled by Randomness: The 
Hidden Role of Chance in the Markets and in Life.
Event Date: 08/28/2007 Last Airing: 01/01/2008 Program Id: 200675-1 
http://www.c-spanarchives.org/library/index.php?main_page=product_video_info&products_id=200675-1

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