Not only is the black swan important for many Aboriginal people, it was also a potent symbol within the European imagination — 1500 years before Europeans knew it existed.
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A theory is not meant to be a final statement of how things are, but just the latest stage of ongoing research and new discoveries.
Unpredictability is omnipresent in life, from dealing playing cards, through contracting an illness or getting promoted, to the rise or fall of equity markets. For those attempting to make the calls on…
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Emeritus Professor of Econometrics, University of Southampton
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Paul Braterman is a Friend of The Conversation.
Hon. Research Fellow; Professor Emeritus in Chemistry, University of Glasgow
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Senior Research Officer, Monash University
