On Medium, Nassim posts an excerpt from Skin in the Game:
What we have been seeing worldwide, from India to the UK to the US, is the rebellion against the inner circle of no-skin-in-the-game policymaking “clerks” and journalists-insiders, that class of paternalistic semi-intellectual experts with some Ivy league, Oxford-Cambridge, or similar label-driven education who are telling the rest of us 1) what to do, 2) what to eat, 3) how to speak, 4) how to think… and 5) who to vote for.
But the problem is the one-eyed following the blind: these self-described
Let us take the idea of the last chapter [the intransigent minority’s disproportional influence] one step further, get a bit more technical, and generalize. It will debunk some of the fallacies we hear in psychology, “evolutionary theory”, game theory, behavioral economics, neuroscience, and similar fields not subjected to proper logical (and mathematical) rigor, in spite of the occasional semi-complicated equations. For instance we will see why behavioral
On Medium, Nassim explains how once an intransigent minority reaches a tiny percentage of the total population, the majority of the population will naturally succumb to their preferences:
The best example I know that gives insights into the functioning of a complex system is with the following situation. It suffices for an intransigent minority –a certain type of intransigent minorities –to reach a minutely small level, say three or four percent of the total population, for the entire population to have to submit to their preferences. Further, an
In a recent appearance on CNBC’s Power Lunch, Nassim discussed the appeal of Trump to ordinary Americans put off by being constantly told what to do by the elite. He also predicted the failure of the EU.
On his facebook page, Nassim shared the fact that he recently presented “an English translation” of his technical thesis on violence, co-authored by Pasquale Cirillo and written in response to Steven Pinker’s assertion that violence has declined, to the Nobel Symposium, a three-day retreat for the president of the Nobel Peace Prize Committee, the secretary of the Prize, a few committee members, and 20 scholars. He wrote:
I presented the paper on violence. Bear Braumoeller presented another one similarly critical of Pinker. After our session, the audience was split into:
On facebook, Nassim recently posted the following statement about journalistic ethics in light of the current controversy over Hulk Hogan’s successful lawsuit for $140 million dollars against Gawker Media. Hulk Hogan was backed by tech billionaire Peter Thiel in his efforts:
PUTTING SKIN IN THE GAME OF JOURNALISTS [CITIZENS vs GAWKER and CITIZENS vs JOURNALISM]
Journalists –as any guild, care about their peers and their community more than the general public. Except that we cannot afford to have such a community engage in a conspiracy against the laymen since they represent our interests, us
Nassim discussed definitions of success and his own life journey in this commencement speech at the American University in Beirut. The full text of the speech, published on Nassim’s home page, is available below.