4min chapter

EconTalk cover image

Nassim Nicholas Taleb on Work, Slavery, the Minority Rule, and Skin in the Game

EconTalk

CHAPTER

Introduction

Sim nicholas tolleb: Government makes things possible by the mechanisms of bail outs. He says that when it goes well, a person can transfer risks into the future and against immediate payments. In modernity we temt to judge people on numbers because there's no survival involved in it,. So i like this general point about a, what you call a reuben trade."

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode