In strategic management literature, the human capital implicated in a firm's employees has already for a couple of decades been considered as an important strategic resource (or asset) for a firm. Obviously, in "knowledge economy", the value of this particular type of knowledge has become increasingly important, especially in knowledge-intensive and creative industries (such as financial services, IT, or biotechnology)
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 .
