Monday, July 4, 2016

Epiphanies from Nassim Nicholas Taleb

Epiphanies from Nassim Nicholas Taleb:

If stability is the goal, we should make the world a giant Switzerland:

The most stable country in the history of mankind, and probably the most boring, by the way, is Switzerland. It’s not even a city-state environment; it’s a municipal state. Most decisions are made at the local level, which allows for distributed errors that don’t adversely affect the wider system. Meanwhile, people want a united Europe, more alignment, and look at the problems. The solution is right in the middle of Europe — Switzerland. It’s not united! It doesn’t have a Brussels! It doesn’t need one.



from Stowe Boyd http://www.stoweboyd.com/post/146894507162

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