3min chapter

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Nassim Nicholas Taleb on Work, Slavery, the Minority Rule, and Skin in the Game

EconTalk

CHAPTER

How to Predict the Future

Wetelinefact is as follows, they are environment or they are thinks. They are units that have a life expectancy that increases with time. For example, a broadway show that been round for 300 days is likely now to has a life expectancy oft coneditial days, tototal, 600. So you can use that rule for decision making.

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