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Intellectual Yet Idiot

This is brilliant:

“Typically, the IYI get first-order logic right, but not second-order (or higher) effects, making him totally incompetent in complex domains.

The IYI has been wrong, historically, about Stalinism, Maoism, GMOs, Iraq, Libya, Syria, lobotomies, urban planning, low carbohydrate, diets, gym machines, behaviorism, trans-fats, Freudianism, portfolio theory, linear regression, HFCS (High-Fructose Corn Syrup), Gaussianism, Salafism, dynamic stochastic equilibrium modeling, housing projects, marathon running, selfish genes, election-forecasting models, Bernie Madoff (pre-blowup), and p-values. But he is still convinced that his current position is right.*1”

Excerpt From
Hidden Asymmetries in Daily Life
Nassim Nicholas Taleb

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