OPEN SOURCE SHORTIES: The Black Swan of Cairo - Mark Blyth
From: Radio Open Source with Christopher Lydon
Series: Shorties
Length: 07:47
When the political economy of energy is screaming red-alert, from Japan melting to Libya’s oilfield civil war, cheerful chatter from a certified political economist can sound like music. Let’s just forget that Mark Blyth, on our last round, told us that austerity would be our nightmare in 2011. And let’s remember it was Mark Blyth’s friend Nassim Nicholas Taleb who cautioned us almost a year ago that we seem to have entered the Age of the Black Swan — a black swan (think: BP oil blowout in the Gulf of Mexico) being an unimaginable event with big consequences and its own impervious mythology of cause and effect.
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Piece Description
When the political economy of energy is screaming red-alert, from Japan melting to Libya’s oilfield civil war, cheerful chatter from a certified political economist can sound like music. Let’s just forget that Mark Blyth, on our last round, told us that austerity would be our nightmare in 2011. And let’s remember it was Mark Blyth’s friend Nassim Nicholas Taleb who cautioned us almost a year ago that we seem to have entered the Age of the Black Swan — a black swan (think: BP oil blowout in the Gulf of Mexico) being an unimaginable event with big consequences and its own impervious mythology of cause and effect.