Sunday, February 28, 2010

Neil Ferguson

This Harvard historian mentions in the LATimes, and Foreign Affairs magazine the "Narrative Fallacy" explained by Taleb in his book "The Black Swan".

"The narrative fallacy

Another issue is the "narrative fallacy" which refers to our tendency to construct stories around facts, which in love for example may serve a purpose, but when someone begins to believe the stories and accommodate facts into the stories, they are likely to err."

History may be more like sudden "butterfly effects" and less like ordered slow processes.

If Ferguson is right; then tighten your seat belts for the wild ride that may happen if President Obama does not have what it takes to stop the American Know Nothing movement putting us in the brink of collapse.

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