When the pope goes to the hospital, there's a lot of well wishers and prayers. And similarly, when richard dawkins goes to the Hospital he also has well wishers. What's the point of those parallels? And whats that have to do with skin in the game? The whole idea of skinning the game as ata andand prologe is, i don't really care what people think. I care about what they do. But we forget that almost everything that was developed and came from skillng the game, not from thinking. We live in a world that is very easy to capture by doing, but noteasy to capture by thinking. So that's
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.