World Model · podcast knowledge graph

Nassim Nicholas Taleb on Skin in the Game

2013-09-09 · 63 min · episode 385 · 18 entities

episode page audio

Asserted relationships

  • → appeared on EconTalk podcast
    0.63
    evidence rules-v4
    Nassim Nicholas Taleb on Skin in the Game
  • → hosted by Russ Roberts person
    0.55
    evidence rules-v4
    Feed author/publisher: Russ Roberts
  • → hosted by Library of Economics and Liberty person
    0.55
    evidence rules-v4
    Feed author/publisher: Library of Economics and Liberty
  • → discusses Society & Culture concept
    0.40
    evidence rules-v4
    Feed category: Society & Culture
  • → discusses Science concept
    0.40
    evidence rules-v4
    Feed category: Science
  • → discusses Philosophy concept
    0.40
    evidence rules-v4
    Feed category: Philosophy
  • → discusses Education concept
    0.40
    evidence rules-v4
    Feed category: Education
  • → discusses Courses concept
    0.40
    evidence rules-v4
    Feed category: Courses
  • → discusses Social Sciences concept
    0.40
    evidence rules-v4
    Feed category: Social Sciences

Entities found in this episode

concepts 12

  • mentioned Society & Culture concept
    0.50
    evidence rules-v4
    Feed category: Society & Culture
  • mentioned Science concept
    0.50
    evidence rules-v4
    Feed category: Science
  • mentioned Philosophy concept
    0.50
    evidence rules-v4
    Feed category: Philosophy
  • mentioned Education concept
    0.50
    evidence rules-v4
    Feed category: Education
  • mentioned Courses concept
    0.50
    evidence rules-v4
    Feed category: Courses
  • mentioned Social Sciences concept
    0.50
    evidence rules-v4
    Feed category: Social Sciences
  • discusses Society & Culture concept
    0.40
    evidence rules-v4
    Feed category: Society & Culture
  • discusses Science concept
    0.40
    evidence rules-v4
    Feed category: Science
  • discusses Philosophy concept
    0.40
    evidence rules-v4
    Feed category: Philosophy
  • discusses Education concept
    0.40
    evidence rules-v4
    Feed category: Education
  • discusses Courses concept
    0.40
    evidence rules-v4
    Feed category: Courses
  • discusses Social Sciences concept
    0.40
    evidence rules-v4
    Feed category: Social Sciences

persons 5

podcasts 1

  • appeared on EconTalk podcast
    0.63
    evidence rules-v4
    Nassim Nicholas Taleb on Skin in the Game
Episode description as stored
Nassim Taleb of NYU-Poly talks with EconTalk host Russ Roberts about his recent paper (with Constantine Sandis) on the morality and effectiveness of "skin in the game." When decision makers have skin in the game--when they share in the costs and benefits of their decisions that might affect others--they are more likely to make prudent decisions than in cases where decision-makers can impose costs on others. Taleb sees skin in the game as not just a useful policy concept but a moral imperative. The conversation closes with some observations on the power of expected value for evaluating predictions along with Taleb's thoughts on economists who rarely have skin in the game when they make forecasts or take policy positions.