
Nassim Nicholas Taleb on Rationality, Risk, and Skin in the Game
EconTalk
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Don't Run Away Without Your Shield
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
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