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Olduvai III: Catacylsm
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What Oil’s Troubles Mean to the Rest of Us

What Oil’s Troubles Mean to the Rest of Us To the extent that stock prices reflect expectations of future value, investors don’t like the prospects for oil, and oil’s demise signals muted prospects for economic growth. Exxon-Mobil (XOM) was removed from the Dow Jones Industrial Average this past August, ending a run that began when […]

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Niall Ferguson: The Destructive Power of Social Networks

Niall Ferguson: The Destructive Power of Social Networks The conventional wisdom promoted by the developers of social networks was that they would provide immense benefits to society through faster and broader connectivity. That view was shattered by Niall Ferguson, who called services like Facebook and Twitter “crazy ideas gone viral, with deeply negative implications.” Ferguson […]

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Why Nassim Taleb Thinks Leaders Make Poor Decisions

Why Nassim Taleb Thinks Leaders Make Poor Decisions Why do experts, CEOs, politicians, and other apparently highly capable people make such terrible decisions so often? Is because they’re ill-intentioned? Or because, despite appearances, they’re actually stupid? Nassim Nicholas Taleb, philosopher, businessman, perpetual troublemaker, and author of, among other works, the groundbreaking Fooled by Randomness, says […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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