Anti Fragile Is a Very Powerful Idea

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The Greek word antificialdand was discovered by the u.K.'s prime minister, Prime Minister ster gladstone. Anti-fragile is an idea that has been around for a long time but few people have known about it until now. It's similar to hydra in mythology where you cut one head off and then another comes back like phoenix. The greeks did not have a word for blue because they were color blind.

Nassim Taleb, author of Fooled By Randomness and The Black Swan, talks with EconTalk host Russ Roberts about antifragility, the concept behind Taleb's next book, a work in progress. Taleb talks about how we can cope with our ignorance and uncertainty in a complex world. Topics covered include health, finance, political systems, the Fed, your career, Seneca, shame, heroism, and a few more.