ClaimsNassim Taleb

“the charts and data, they miss elementary points of statistic significance.”

Nassim Taleb, interviewee 10 July 2017 Nassim Nicholas Taleb on Work, Slavery, the Minority Rule, and Skin in the Game (EconTalk) archived copy

Factual Science and research methods

The charts and data in Piketty's and Pinker's books miss elementary points of statistical significance.

Unresolvable The public record could not settle it.

Factual: Statements about the present or the past, checked against the record: did they hold up?

What would count as true or false

Judge as of 2017-07-10. True: published critiques by statisticians or other qualified analysts document basic statistical-significance or inference errors (e.g. treating noisy trends as significant, ignoring fat tails or the sampling uncertainty of estimates) in the charts or data of both Piketty's 'Capital in the Twenty-First Century' and Pinker's 'The Better Angels of Our Nature', and these have not been convincingly rebutted. Mostly true: such errors are documented for both books but are contested, or are serious for one and minor for the other. Mixed: such errors are credibly documented for only one of the two books. Mostly false: critiques exist but mainly concern data or methods rather than statistical significance, or they are largely rebutted. False: there are no credible statistical-significance problems in either book, or the critiques have been shown to be wrong.

Set before the research began.

Evidence (4)

  1. E1 Letters/Puzzle Significance (Royal Statistical Society), Oxford Academic · June 2016

    “Contrary to Cirillo and Taleb, we are perfectly aware that a stretch of time without a big war does not imply that a big war cannot happen.”
  2. E2 Letters/Puzzle Significance (Royal Statistical Society), Oxford Academic · June 2016

    “devotes many pages to the power-law (fat-tailed) distribution of war magnitudes, and many more to the Poisson (temporally random) nature of inter-war intervals.”
  3. E3 Bad maths in Piketty's capitalism critique? BBC News (Echo Chambers blog) · 28 May 2014

    “"Giles discovered a couple of clear errors and a number of adjustments that look questionable but have barely any impact on Piketty's charts."”
  4. E4 The One Percent across Two Centuries: A Replication of Thomas Piketty's Data on the Concentration of Wealth in the United States Social Science History, Cambridge University Press · 4 December 2017

    “The heavily manipulated twentieth-century data for the top 1 percent share, the lack of empirical support for the top 10 percent share, the lack of clarity about the procedures used to harmonize and average the data, the insufficient documentation, and the spreadsheet errors are more than annoying.”

Reasoning

For Piketty's book, the evidence from before the judging date reports data errors and adjustments with barely any impact on the charts, not significance errors [E3]. For Pinker's book, the evidence shows only that one letter disputes the fat-tail critique by Cirillo and Taleb [E1][E2]. That letter does not show whether the critique was largely rebutted or still credibly stands, so the evidence cannot decide between the "mixed" and "mostly false" criteria.

Cite this claim

Nassim Taleb, “The charts and data in Piketty's and Pinker's books miss elementary points of statistical significance.” (said 10 July 2017). Verdict: unresolvable. Reliability API, claim c_98f849825d5b, method 0.1.0+28da144b, dataset release v1.1.2. https://epistacklabs.com/claims/c_98f849825d5b

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

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More factual claims by Nassim Taleb

  1. Mixed Factual 24 September 2025
    “entities grow in a convex way, then slow as they saturate — growth may be unbounded, but remains sub-logarithmic.”

    Entities in biology and economics grow convexly then slow as they saturate; growth may be unbounded but remains sub-logarithmic.

  2. Mixed Factual 24 September 2025
    “the unavoidable conclusion is that cardio problems are at least half genetic.”

    If ancient populations such as hunter-gatherers and Inuit had a high incidence of cardiovascular disease, the unavoidable conclusion is that cardiovascular problems are at least half genetic.

  3. Mixed Factual 19 September 2025
    “scientists that come up with new ideas & frameworks are more often the experienced ones, not the young as we tend to believe.”

    Scientists who come up with new ideas and frameworks are more often experienced researchers than young ones.

  4. Mostly true Factual 2023
    “And if one does not hedge the other, then being "good at”

    If tail probability PK does not hedge tail expectation GK, then skill at predicting PK provides no information on GK.

  5. Mostly true Factual 2023
    “A sum of such bets becomes rapidly”

    A sum of such bets, whose probabilities are modelled with a Uniform or Beta distribution, becomes Gaussian rapidly.

All of them

Verdicts are made automatically; how verdicts are made.