Taleb says having skin in the game makes you smart, but the most common internet invocation of the concept is "my life is at risk in these politics so you can't criticize me shooting myself in the foot" when does skin in the game make you smart and when does it make you stupid?
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Replying to @chaosprime
It might not do either, it’s just a filter like evolution
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Replying to @drethelin @chaosprime
Which is why having skin in the game incentivizes the offloading rentierism it’s supposed to cure
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Replying to @drethelin @paul_hundred
no ur a heuristic nerd
9:39 PM - 21 Jan 2019
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5 likes
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