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Quote by Nassim Nicholas Taleb

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The Black Swan: The Impact of the Highly Improbable

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Author

Nassim Nicholas Taleb
Nassim Nicholas Taleb

Nassim Nicholas Taleb is a renowned author, scholar, and thinker whose unique perspective and profound insights have had a wide-reaching impact in fields such as finance, statistics, and philosophy. He is best known for his books 'The Black Swan' and 'Fooled by Randomness', which have explored the nature of uncertainty, risk, and probability theory. more

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“Of course, as the United States built a safety net that excluded and punished black families, it created a wealth-building apparatus to buoy and enrich white ones. It is not market forces and individual effort alone that determine who succeeds and prospers and who remains impoverished and excluded in the United States, but government policy and deep-seated cultural and societal mores.”

“Pesa itolewe kwa masharti au bila masharti chukua, kwani huyo aliyeitoa si yake. Benki, kwa mfano, ikitaka kukupa mkopo itakuwa na masharti yake; chukua, iwapo utakubaliana na masharti hayo. Jambazi akikupa pesa ili ukafanyie ujambazi chukua pia. Lakini hiyo usiipeleke kanisani, ipeleke serikalini. Serikali itajua jinsi ya kupambana na huyo aliyekupa hiyo pesa, na hiyo pesa itaendelea kuimarisha ulinzi na usalama nchini. Pesa kuendelea kuimarisha ulinzi na usalama nchini ni sawa na zaka, au sadaka, na wewe utabarikiwa kwa kupata nyingine.”