I wasn’t clear. I should’ve said it is equivalent to reading Deepak Chopra about quantum mechanics or string theory vs reading Lee Smolin. Not economics.
Additionally, imagine why and how someone with an Econ degree who wasn’t very well known became incredibly famous. Enough for Taleb to write a foreword for him (although I suspect that was motivated by their ethnic common origins and less so by the rigor in the book). This is a common grift. Several professors in extremely high end Ivy League universities tried the same tactic. Including that one fucktard from MIT who claimed he’d done simulations for a million years and Terra (or some other coin, I really can’t keep all the scams straight in my head) couldn’t fail no matter what. Same motivation. New shiny thing? Let’s use it to try and increase our social capital. Less erudite crowd? The better.
Additionally, imagine why and how someone with an Econ degree who wasn’t very well known became incredibly famous. Enough for Taleb to write a foreword for him (although I suspect that was motivated by their ethnic common origins and less so by the rigor in the book). This is a common grift. Several professors in extremely high end Ivy League universities tried the same tactic. Including that one fucktard from MIT who claimed he’d done simulations for a million years and Terra (or some other coin, I really can’t keep all the scams straight in my head) couldn’t fail no matter what. Same motivation. New shiny thing? Let’s use it to try and increase our social capital. Less erudite crowd? The better.