The criticism of peer review and Noble prize can also deemed as a criticism of the peer review system. Since the peer review system endorses the misdirected, misguided risk management known as the CAMP–epitome of the current risk management theory as well as the Black-Merton-Scholes model of future pricing. This same model and the same [...]
March 15, 2008. NNT and black swan
organized learning=education system
NNT criticizes the current MBA and economics education system is very on target when he raises the debacle of LTCM case. This is also the view of many people except no one say it out loud.
This is the same feeling that people have toward Nobel prize. This is a media circuit and Bank [...]
