Tuesday, December 4, 2012

Taleb is fragile?

Nassim Nicholas Taleb has a new book, Antifragile, out.  It is about trying to thrive in an environment of disorder and uncertainty.
He has always had those who don't take his rather self referential message well.  Tyler Cowen at Marginal Revolution has decided he doesn't like him anymore.  Link  "I have canceled my pre-order".  Of course, since Taleb thinks that economists are a complete waste of space, it is likely that the consideration is mutual.

One way in which his new book is different, is that Taleb is focusing on a solution (anti-fragility) rather than simply pointing out problems (disguised randomness, black swans, etc.).  That is a much more difficult issue, because when you look at survival issues, there always seems to be a lot of randomness, or maybe better called unpredictable situationality, involved.  The advise "be in the right place at the right time" is not easy to follow.


JaneofVirginia said...

Thank you for bringing this to our attention. I think I would like to read this.

russell1200 said...

Jane: I am getting this one for Christmas. Taleb can be full of himself, but I have always found his ideas interesting.