1. Build cities that won’t just withstand super storms, but gain from them....Here's the book: "Antifragile: Things That Gain from Disorder," by Nassim Nicholas Taleb (who, according to the linked article is "a notorious jerk." Well, he's got his own way of talking, which I love. (Just bought the book, too.)
2. Let banks fail and abandon economic stabilization practices....
3. Eat like a caveman....
4. Workout like an Olympian. Sleep like a college kid....
5. Be a doer not a thinker....
The author... points to the idea that rich countries have high levels of education and literacy. Therefore, there’s the belief that education leads to wealth, when actually the opposite occurs—countries get rich, and then they get educated. Since studies show that education does not equal GDP, to be anti-fragile, first have skills, and then obtain formal education.
An example given is, “The merchant profession has lots of variance. A dentist has very little.” Although parents want a life of stability for their children, Taleb’s theory would put the odds of success on the merchant in an unpredictable world. “College insulates students from downsides,” he says, “but also prevents brilliance.”
In terms of theory, doing is convex and study is concave. Taleb asks, “Can you study chemistry for a formula for the perfect hummus?” In cooking you can get a big gain from an error (adding lemon or garlic) but you only find out by trial-and-error.
Taleb’s philosophy is also hopeful about our country's mediocre global math and science scores, which he believes, “don’t capture the effectiveness of our citizens on the world,” because we are a country of risk-takers and entrepreneurs.
Sunday, December 9, 2012
"The anti-fragile is beyond the resilient or robust."
"The resilient resists shocks and stays the same; the anti-fragile gets better and better." On that theory:
Labels:
commerce,
disaster,
economics,
education,
financial markets,
food,
psychology,
sleep,
Taleb
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment