Dinesh

Dinesh

Posted on 08/26/2013


Photo taken on January 11, 2007


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Page-373
Antifragile
Nassim N Taleb


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Now ethics. Under opacity and in the newfound complexity of the world, people can hide risks and hurt others, with the law incapable of catching them. Iatrogenics has both delayed and invisible consequences. It is hard to see casual links, to fully understand what’s going on.

Under such epistemic limitation, skin in the game is the only true mitigator of fragility. Hammurabi’s Code provided a simple solution – close to thirty seven hundred years ago. This solution has been increasingly abandoned in modern times, as we have developed a fondness for neomanic complication over archaic simplicity. We need to understand the everlasting solidity of such a solution. ~ Page373

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