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

EconTalk

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Skinning the Game Is a Filter for Loloty

The way skinnin the game has worked traditionally is as a er, not just as much as a turrant, as an idiot filter. Because a lot of people are just stupid ass we cannot do anything i s to deterin because tey don't understand their own interest. So skinning the game is the filter for loloty. And that's what people have missed traditionally in the treatment of that notion.

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