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3min chapter
Order Without Organizations with Aneesh Karve (WiM141)
The "What is Money?" Show
The Importance of Mechanistic Economics
Taleb: Every time we intervene into complex systems it seems like we create some externality or unintended consequence. The idea that you can just sit in an ivory tower and move certain levers and press certain buttons and induce human action is the core misconception of reality, he says. It's about individuals freely cooperating in their own self interest, creating this division of labor that benefits everyone right? Taleb: And I just, just one more I'll read one excerpt here where you're just quoting me says "The market is a process actuated by the interplay of the various individuals cooperating under the division of labor"
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