He was to beke the claim that if you'd gone bankrupt, if you'd had a start up that failed, or even better, a couple, that maybe it was easier to raise money. And and these scarsen visibly, a sign ofmen. People don'tnte thesa sign of the comtes o, look, you know, he has scar hes not good. He's a good warrior, like the other person who escaped. Nohe scarce means that you're in business. Nand and. That makes people decrese and appeal. So i have these things on theology that are a sort of contraintuitive and er but that that allowed me to engage in few
Nassim Nicholas Taleb, author of Skin in the Game, talks with EconTalk host Russ Roberts about the ideas in the book. This is the third episode of EconTalk with Taleb related to the general topic of skin in the game and how it affects decision-making and policy in an uncertain world. This episode focuses on rationality, religion, and the challenge of thinking about probability and risk correctly in a dynamic world.