Falkenblog -- Review of Taleb's the Black Swan
The Black Swan may popularize the concept of low probability events, what were called ‘peso problems’ (see Rietz 1988), and that would be a good thing. But ultimately, the bumper sticker “shit happens” is kind of funny, kind of true, but hardly profound.
Completely awesome review of The Black Swan. Its long, but you should read it anyway.