In social policy, when we provide a safety net, it should b… - Nassim Nicholas Taleb

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In social policy, when we provide a safety net, it should be designed to help people take more entrepreneurial risks, not to turn them into dependents. This doesn't mean that we should be callous to the underprivileged.

Nassim Nicholas Taleb

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About Nassim Nicholas Taleb

Nassim Nicholas Taleb (born 1 January 1960 in Amioun, Lebanon) is an essayist, epistemologist, researcher, and former practitioner of mathematical finance.

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Alternative Names: Nassim Taleb

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Robert A. Heinlein Isaac Asimov Mark Twain George Bernard Shaw Cory Doctorow

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Fragility is the quality of things that are vulnerable to volatility.

I repeat that we are explanation-seeking animals who tend to think that everything has an identifiable cause and grab the most apparent one as the explanation. Yet there may not be a visible because; to the contrary, frequently there is nothing, no even a spectrum of possible explanations.

Wisdom isn't about understanding things (& people); it is knowing what they can do to you.

In social policy, when we provide a safety net, it should be designed to help people take more entrepreneurial risks, not to turn them into dependent… - Nassim Nicholas Taleb

About Nassim Nicholas Taleb

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