From Economic Policy Journal:
Taleb gets it on Ron Paul and the coming price inflation.
Lear Yann at Benzinga writes:
Nassim Taleb, the best-selling author of
The Black Swan, endorsed the presidential aspirations of Ron Paul. "From the risk vantage point, Paul is the only candidate that represents my values," he told CNBC earlier today.
"There are four key issues that no one else is addressing," said NYU Politechnic Institute and Oxford University professor, the first three of which he identified as the deficit, the Fed, and U.S. militarism. "Then there is the notion that America is about resilience. You do not achieve that through bailouts," he told CNBC.
"I want a system that gets better after every shock. A system that relies on bailouts is not such a system," he said, noting that Ron Paul is the only candidate willing to take the risk to talk about...
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