Search results
Results From The WOW.Com Content Network
A black swan (Cygnus atratus) in Australia. The black swan theory or theory of black swan events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight. The term is based on a Latin expression which presumed that black swans did ...
Nicholas stresses therefore the surprising side and unpredictability of the black swan as well as their certainty (or unavoidability). Another concept that comes close to the concept of wild cards and black swans is the tipping point of Malcolm Gladwell's The Tipping Point, which actually is a special form of a wild card that realizes itself by ...
The IRS asserts that it was the intent of Congress to apply the provision to anyone "trafficking" in a controlled substance, as defined under federal law (as stated in the text of the statute). Thus, section 280E is at the center of the conflict between federal and state laws with respect to medical marijuana.
Hedge funder famous for his ‘black swan’ strategy says there’s ‘something immoral’ about America’s reliance on debt—and future generations ‘will bear the burden for this’ Will Daniel
To elaborate on this principle, the decision used the metaphor that "the fruits cannot be attributed to a different tree from that on which they grew." [3] The case is used to support the proposition that the substance of the transaction, rather than the form, is controlling for tax purposes. [4] The doctrine was later expanded in the Helvering v.
A taxpayer who is normally taxable only on the receipt of interest payments cannot escape taxation by giving away his right to such income. Furthermore, when assigning income from property to another person (particularly a family member) in the form of a gift, the courts will usually see it as a way to avoid tax and thus consider it “fruit.”
The Cloward–Piven strategy is a political strategy outlined in 1966 by American sociologists and political activists Richard Cloward and Frances Fox Piven.The strategy aims to utilize "militant anti poverty groups" to facilitate a "political crisis" by overloading the welfare system via an increase in welfare claims, forcing the creation of a system of guaranteed minimum income and ...
This stance has attracted criticism: the American Statistical Association devoted the August 2007 issue of The American Statistician to The Black Swan. The magazine offered a mixture of praise and criticism for Taleb's main points, with a focus on Taleb's writing style and his representation of the statistical literature.