“Far-out ideas make established scientists uncomfortable. If your entire career was built around the fax machine, phrenology, the geocentric model or the beeper, you’re not too excited about these crazy kids and their ideas. There is a lot of untapped brainpower out there. The state education mill is a barrier to entry, a great divider — a credential firewall. MOOCs and badges may displace the academic cartel, but not without vested interests fighting to halt creative destruction along the way. Statistician and philosopher Nassim Nicholas Taleb recognizes that ‘stochastic tinkering’ rather than systematic, institutional agendas yield the greatest discoveries.”
(Visited 35 times, 1 visits today)
Related posts:
A Day in the Life of a Regulated Financial Professional
Detlev Schlichter: Of interest and the dangerous habit of suppressing it
John Hussman: A Warning from Graham and Dodd
About That Supposed Correlation of the U.S. Dollar and Gold....
Don't Make it Easy for Governments to Compile Your Digital Dossier - Part II
Welcome to Police-State America, Weary Traveler
The Suicide of Communism: The Case for Patience
What's Up with Inflation?
Janet Yellen, the Nation's New Chief Slumlord
David Galland: Scenarios
The Biggest Interest-Rate Turn in 37 Years
The Problem With Altcoins
The Best Quality Of Life In The World: Residency & Citizenship In Austria
After the Storm (Part 2 of 2)
Hayek to Satoshi and Beyond