Ralph Nader Radio Hour-Skin in the Game (Nassim Nicholas Taleb)

What you had historically is warmongers were warriors. And he who lives by the sword, dies by the swordNow suddenly – and that’s only recent – we developed all these weapons and technologies and stuff like that, so you can have people cause wars and not be exposed.  And not only that, but as was Bill Kristolhe’s a prime example. The people who caused the war in Iraq… absolutely no cost to them. Or a cost that’s very small, very tiny reputational cost… And then after they cause a war in Iraq – and of course we have a disasterthey will intervene again… in Libya and of course in Syria. What happens with these people is that given that there is no skin in the game, there’s no learning… In the real world, these people should be dead, because basically, if you cause a disaster… so many of them would be… pruned out that way instead of letting others die.” Nassim Nicholas Taleb, author of Skin in the Game: Hidden Asymmetries in Daily Life

https://ralphnaderradiohour.com/skin-in-the-game/

SEE:

Book: Skin in the Game: Hidden Asymmetries in Daily Life

 

Book: Skin in the Game; Review of Book by David Gordon

 

Jesus was a Risk Taker; and had Skin in the Game–Nassim Nicholas Taleb

 

The most egregious contributor to inequality is the condition of a high-ranking civil servant or tenured academic–Taleb

 

Ralph Nader Radio Hour-Skin in the Game (Nassim Nicholas Taleb)