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ARROW_OF_DEMOCRACY
May 9, 2008
BLACK_SWAN
On p.238, I see that Taleb has
Kenneth Arrow filed as one of a
number of Nobel prize winning
economists who are "under a
delusional state under the
effect of mathematics".
Kenneth Arrow among other
things is known for Arrow's
Paradox, which is essentially a
Godel's theorem of political
theory: Arrow showed that there
is no such thing as a perfect
voting system.
Any set of rules you
choose is capable of One might think that Taleb would
yielding perverse results. have some respect for these sorts
of mathematically certain
boundaries on our certainty.
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