Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control).


Ten principles for a Black Swan-proof world (2009)


Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal...

Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal...

Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal...

Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal...