Nassim Nicholas Taleb on the Precautionary Principle and Genetically Modified Organisms

Nassim Nicholas Taleb on the Precautionary Principle and Genetically Modified Organisms

From: EconTalk
0 0 4 years ago
Nassim Nicholas Taleb, author of Antifragile, Black Swan, and Fooled by Randomness, talks with EconTalk host Russ Roberts about a recent co-authored paper on the risks of genetically modified organisms (GMOs) and the use of the Precautionary Principle. Taleb contrasts harm with ruin and explains how the differences imply different rules of behavior when dealing with the risk of each. Taleb argues that when considering the riskiness of GMOs, the right understanding of statistics is more valuable ... See More

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