This morning I pulled out my old, dented, navy-blue-with-little-white-flecks roasting pan in preparation for Thanksgiving. That old pan has always done a predictable job on Thanksgiving! I thought to myself “One day I will have to get a new pan.” My brother (a chef) swears I should actually try deep frying my turkey, but somehow […]
The Black Swan
The Problem and Power of Induction
Nassim Nicholas Taleb’s The Black Swan: The Impact of the Highly Improbable, which has been a huge bestseller for some time, is getting renewed buzz in much of the frenzied analysis surrounding the Deepwater Horizon disaster. It also has ramifications in the realm of Vested Outsourcing. Briefly, Taleb describes a Black Swan as an event […]