black swan events
2 episodes mention this concept
NewEconomicThinkingAug 23, 2020India's Post-Pandemic Path to Prosperity: Global Preparedness, Economic Recovery, and Societal Transformation
EconomicsBlack Swan EventsMega Black Swan EventMultilateral InstitutionsGlobal Cooperation- NewEconomicThinkingDec 12, 2017
Challenging Economic Dogma: Imperfect Knowledge, Unpredictability, and the Failure of Stationary Models
EconomicsImperfect knowledgeRadical uncertaintyUnpredictability (intrinsic, instance, extrinsic)Distributional shifts / Location shifts
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