Monday, October 8, 2012

Epiphanies from Nassim Nicholas Taleb

There are three categories of things: Fragile things that break, like the financial system; robust things that don't break easily but don't improve, like the Brooklyn Bridge; and my new category, "antifragile" things that gain strength from stressors and get stronger from failure, like evolution. The fundamental problem in foreign policy is that people shoot for stability rather than antifragility.

The most stable country in the history of mankind, and probably the most boring, by the way, is Switzerland.
It's not even a city-state environment; it's a municipal state. Most decisions are made at the local level, which allows for distributed errors that don't adversely affect the wider system. Meanwhile, people want a united Europe, more alignment, and look at the problems. The solution is right in the middle of Europe -- Switzerland. It's not united! It doesn't have a Brussels! It doesn't need one.

- More Here


Taleb's new book Antifragile:Things That Gain from Disorder is coming out of November 27th 2012

No comments: