Nassim Nicholas Taleb agreed to give ‘a boring philosophy lecture' at LSE approximately six months ago, discussing mainly epistemology. Retrospectively not surprisingly, the focus of his attention was shifted to our contemporary financial turmoil (which also resulted in a flood of spectators and a spillover room). Hence the name of his lecture, ‘Decisions, Probability and Beliefs: beware Mickey Mouse probability'. The details of his argument are available and discussed elsewhere .