“The Black Swan” author Nassim Taleb Cheers Ron Paul’s Economic Platform on CNBC

This is a must see interview. While I believe that Newt Gingrich is addressing the structural problems as well and has a better chance of getting it done, everything else Prof. Taleb says is spot on, and I mean spot on. This is one of those interviews that one should listen to several times.

Pay close attention to what Prof. Taleb says about the structural fiscal and monetary problems. Also listen to what he says about the value of loss in a market and how it is critical to keeping the economy healthy. Very few economists understand this critical fundamental law of economics.

Special thanks to Tamara de Silva for pointing out this interview to us.

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