" Overview: Black swan theory

Taleb, bestselling author of Fooled by Randomness, treats uncertainty and randomness as a single idea....

... Not all experts deserve the title

Taleb also questions the authority of experts. The "truth" behind science is limited to certain areas and methods, and in many areas having an academic degree and presenting oneself as a scientist is irrelevant. Indeed, authority can stifle empirical experience which, so many times, has proven to have a sounder base for accuracy.... "