Skin in the Game: Hidden Asymmetries in Daily Life

Synopsis

From the bestselling author of the black swan, a bold book that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibilitywhy should we never listen to people who explain rather than do? Why do companies go bust? How is it that we have more slaves today than in roman times? Why does imposing democracy on other countries never work? The answer: too many people running the world don't have skin in the game. In his inimitable, pugnacious style, nassim nicholas taleb shows that skin in the game applies to all aspects of our lives.