3min chapter

EconTalk cover image

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

EconTalk

CHAPTER

Why We Have Employees

Employees signal to us that they're not free and ascrat serve like herehere. So you have an employee is inefficient, but it's a good risk management tool. The romans figured it up because they never let a free person be a steward. And v in a big state, they want a slave. Because you can punish aslave your own a slave can punish a slave.

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