As usual, Taleb is spot on. His contrarian track record of making accurate predictions is remarkable. His Ivy League pedigree is impressive--even if he is derisive toward his elitist peers. He has a foot in the Establishment door (as a trader and academic), but he is decidedly and independently anti-Establishment.
Another anti-globalist example he could have used is the elimination of mom-and-pop shops due to the parabolic growth of hegemonic WalMart stores.
3 years ago