Turning Black Swans into Grey Swans book cover

From unpredictable to anticipatable.

Turning Black Swans into Grey Swans

A Structural Approach to Understanding and Anticipating Crises

By David Rajan

Turning Black Swans into Grey Swans introduces a structural framework to understand how disruptions actually develop. Built on the Economic Theory of Humanity (ETH), it shifts the focus from predicting events to diagnosing the conditions that make systems fragile.