The secret of modern civilization, i would argue, is the opportunity to trade with people who are not like me. I don't put any a emphasis on national boarders. Soething com from new zealand can come from illinois. And i think that's the way it should be. The market will determine whether i should use that product for new zealand or not.
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.