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Convex Strategies | Risk Update: November 2022 – Fools or Liars?
“The economics discipline prefers to remain in fantasy land, ignoring real-world experience and far more realistic theories. It’s as if the Catholic Church not merely tried Galileo, but also destroyed all knowledge of his telescope. If they had, humanity might never have escaped the Dark Ages. Mainstream economists, it seems, are happier in the dark…
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Convex Strategies | Risk Update: November 2022 – Fools or Liars?
“The economics discipline prefers to remain in fantasy land, ignoring real-world experience and far more realistic theories. It’s as if the Catholic Church not merely tried Galileo, but also destroyed all knowledge of his telescope. If they had, humanity might never have escaped the Dark Ages. Mainstream economists, it seems, are happier in the dark…
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Convex Strategies | Risk Update: November 2022 – Fools or Liars?
“The economics discipline prefers to remain in fantasy land, ignoring real-world experience and far more realistic theories. It’s as if the Catholic Church not merely tried Galileo, but also destroyed all knowledge of his telescope. If they had, humanity might never have escaped the Dark Ages. Mainstream economists, it seems, are happier in the dark…
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