Matthew Henry John Bartlett

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Thursday 09 April, 02009

More bad money

by Matthew Bartlett @ 9:22 am

From NN Taleb’s 10 rules:

Citizens should not depend on financial assets or fallible ‘expert’ advice for their retirement. Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control).

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