⚡ Understand how society perceives 'improbable' events (like financial crises) and how our perceptions have led us into trouble.

The cover of The Black Swan by Nassim Nicholas TalebThe Black Swan: The Impact of the Highly Improbable | Book by Nassim Nicholas Taleb

An interesting book on risk, built around the idea that the wold consistently experiences events that seemed highly improbable. Taleb looks at how our cognitive biases lead us to convince ourselves that past events could have been predicted (when in reality they were highly improbable), and suggests ways in which society can protect itself from the damage of some ‘improbable’ events (like financial crises) and benefit from others.