V says it's very hard for people to say we don't know what work, so im going to just do nothing. V: There a lot of things mother nature does better than humans. "I want to follow in the fourth squadrant," he adds.
Nassim Taleb, author of The Black Swan and Fooled by Randomness, talks with EconTalk host Russ Roberts about his latest thoughts on robustness, fragility, debt, insurance, uncertainty, exercise, moral hazard, knowledge, and the challenges of fame and fortune.