
Nassim Nicholas Taleb on Work, Slavery, the Minority Rule, and Skin in the Game
EconTalk
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The Standard Argument for the Political Power of Minorities
The standard argument for the political power of minorities is that even so called democracies that have or majority replaced some role, there are not majority rule systems. And given those institutions, a minorities with intense preferences will often get their way in a way that might be surprising,. Even though they were only a small minority. That's the standard argument for why minorities are politically powerful. If you're inecula, your right is exactly the same av i exest same mechanism. Whybecausei's the samei. When wen wn you metid mathematically, you notice that it's the same nonlinear assumption were were, and the cost matters very little. An almost alte situation.
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