Do you think that just thinking about myself and my personal risk, not the socital risk soud, should i have been extremely cautious? Yes, we actually wrote a tink on it, john norman and myself as a follow up. And in te piece, we follow the following, very simple reasoning. It is very selfish for you to now reduce your risk, because a cantagious disease has different properties. But if you don't behave conservatively, you will increase that risk gromatically. Because the collective risk doesn't scale lineally from individual risk,. unlike other risks that do effectively have some scale transformation. So if i don't pay attention, the risk will be high
Nassim Nicholas Taleb talks about the pandemic with EconTalk host Russ Roberts. Topics discussed include how to handle the rest of this pandemic and the next one, the power of the mask, geronticide, and soul in the game.