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" Fragility is the quality of things that are vulnerable to volatility. "

Nassim Nicholas Taleb

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" Deficits are like putting dynamite in the hands of children. They can get out of control very quickly. "

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" We have this culture of financialization. People think they need to make money with their savings rather with their own business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the stock market for entertainment. "

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" If you take risks and face your fate with dignity, there is nothing you can do that makes you small; if you don't take risks, there is nothing you can do that makes you grand, nothing. "

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" You know, children philosophize more than adults - and they are critical of adults. "

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" I don't know anyone on Wall Street who goes to work every day thinking of anything but how to increase their bonus. "

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" Debt is a mistake between lender and borrower, and both should suffer. "

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" 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. "

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" The world we live in is vastly different from the world we think we live in. "

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" In social policy, when we provide a safety net, it should be designed to help people take more entrepreneurial risks, not to turn them into dependents. This doesn't mean that we should be callous to the underprivileged. "

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" What America does best is produce the ability to accept failure. "

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" Bailing out every bank that fails makes the system riskier, not safer. "

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" Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. Put money away, and then you can live with much more freedom. "

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" Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes. "

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" We humans lack imagination, to the point of not even knowing what tomorrow's important things will look like. "

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" The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution. "

Nassim Nicholas Taleb

" Economics make homeopath and alternative healers look empirical and scientific. "

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" If you are an Arabic-speaking, Greek-Orthodox going to a French school it makes you deeply sceptical if you have to listen to three different accounts of the Crusades - one from the Muslim side, one from the Greek side and one from the Catholic side. "

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" Steve Jobs, Bill Gates and Mark Zuckerberg didn't finish college. Too much emphasis is placed on formal education - I told my children not to worry about their grades but to enjoy learning. "

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" Paul Krugman is a danger to society! "

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" Most so-called writers keep writing and writing with the hope, some day, to find something to say. "

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" I am happy everywhere except in places where I see glitz and rich farts. I am happiest in Brooklyn, where the concentration of rich farts is minimal. "

Nassim Nicholas Taleb

" We know from chaos theory that even if you had a perfect model of the world, you'd need infinite precision in order to predict future events. With sociopolitical or economic phenomena, we don't have anything like that. "

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" For many people, commuting is the worst part of the day, and policies that can make commuting shorter and more convenient would be a straightforward way to reduce minor but widespread suffering. "

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" Capitalism has forced everyone to overoptimize in order to compete. "

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" I'm a private intellectual, not a public one. "

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" We are victims of the post-Enlightenment view that the world functions like a sophisticated machine, to be understood like a textbook engineering problem and run by wonks. In other words, like a home appliance, not like the human body. "

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