Perception and Propaganda
Nassim discusses how our perception of things can be distorted by details and disinformation, leading to a skewed understanding of reality. He explains the concept of profit and loss in trading as an analogy and highlights the importance of scaling and putting things in perspective. The conversation touches on the impact of propaganda on social media and the difficulty in understanding the law of large numbers.In this clip
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EconTalk
Nassim Nicholas Taleb on the Nations, States, and Scale
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