"Taleb's distorted sense of social science leads him to make absolute absurd claims concerning the value of analytical modeling. For example, I have in my house ...a wall full of books on statistics and the history of statistics, books I never had the fortitude to burn or throw away; though I find them largely useless outside of their academic applications ...I cannot use them in class because I promised myself never to teach trash, even if dying of starvation." This is a completely incorrect assessment of the role of statistics in the social sciences. Statistical reasoning is quite central to all of social theory and the evaluation of evidence for and against particular social science models, including the evaluation of pharmaceuticals, modeling the demographics of disease, testing products for beneficial and harmful effects, and a host of others. Taleb's generalization from the weakness of standard financial economics to the whole of mathematical discipline is quite unwarranted. However, he does not stop there. All of academia is tarred with his brush of hypocrisy and irrelevance. "...almost all academic papers," he claims, "are made to bore, impress, provide credibility, intimidate even, be presented at meetings, but not to be read except by suckers (or detractors) or, even worse, graduate students." Note that he claims not simply that academic papers "bore," but that is what they are made for! And he claims that academic papers "are not to be read except by suckers"! Taleb's writing is filled with unsubstantiated and improbable statements of this type."
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Academics from the United StatesPhilosophers from the United StatesEssayists from the United StatesImmigrants to the United StatesPeople from Lebanon
Original Language: English
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Sources
Herbert Gintis, Review of Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable (2007), 2012
https://en.wikiquote.org/wiki/Nassim_Nicholas_Taleb
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Nassim Nicholas Taleb
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