i state that the reason we have tery powerful lobbies in the united states is pretty much because of scaling. I'm arguing in favor of bottom up control, just a bottom up thing. In a club, for example, at inside one, i tn ononedo. If i'm not in a public area in a club, it's neither public nor private. O i leave my stuff, eave my i leave my computer on the table, and go get my er, pastice, ok? And come back with my pastice. Sodonid trust the other people in the club in a limited way,. But there's something i will never get in an open space
Nassim Nicholas Taleb talks with EconTalk host Russ Roberts about the manuscript version of his forthcoming book, Skin in the Game. Topics discussed include the role of skin in the game in labor markets, the power of minorities, the Lindy effect, Taleb's blind spots and regrets, and the politics of globalization.