The Club Concept
Nassim discusses the concept of a club and how it affects behavior and trust. He explores the idea of localism and the freedom of individuals to insulate themselves from the effects of globalization. The conversation delves into the decision-making process within clubs and the role of minority rule in reducing its viciousness.In this clip
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EconTalk
Nassim Nicholas Taleb on Work, Slavery, the Minority Rule, and Skin in the Game
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