#politics
"Only Ponzi schemes should depend on confidence. Governments should never need to “restore confidence.” Cascading rumours are a product of complex systems. Governments cannot stop the rumours. Simply, we need to be in a position to shrug off rumours, be robust in the face of them."
React to this quote
More by Nassim Nicholas Taleb
See allResonant Thoughts
Explore Further
Related Quotes
"Political thought as we understand it began in Athens because the Athenians were a trading people who looke…"
— Alan Ryan"We have modernized and ennobled the concept of democracy. With us it means definitely the rule of the peopl…"
— Joseph Goebbels"lt should not be forgotten that we are carrying on the Government in the province under an irresponsible ce…"
— Fakhruddin Ali Ahmed"he only mark-to-market thing in politics is Election Day; everything else is hot air."
— Mike Murphy (political consultant)"The Constitution provides, and all the States have accepted the provision, that "the United States shall gu…"
— Abraham Lincoln"There’s no sense of heritage. Mao destroyed the culture and produced a generation of philistines who do not…"
— Jung Chang
Related Thinkers
Related Topics
Deep Dives
- Leonardo da Vinci on politics
- Kenneth Arrow on politics
- Leonardo da Vinci on life
- Leonardo da Vinci on nature
- Leonardo da Vinci on art
- Leonardo da Vinci on knowledge
- Leonardo da Vinci on philosophy
- Leonardo da Vinci on love
- Leonardo da Vinci on time
- Leonardo da Vinci on truth
- knowledge & Beauty
- knowledge & Change
