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Nassim Nicholas Taleb
“After all, it so happens that someone needs to pay the salaries of macroeconomists and post-colonial gender “experts.” And university education needs to compete with professional training workshops: once upon a time, studying postcolonial theories could help one get a job other than serving French fries. No longer.”
Nassim Nicholas Taleb, Skin in the Game: The Hidden Asymmetries in Daily Life

Nassim Nicholas Taleb
“If you say something crazy you will be deemed crazy. But if you create a collection of, say, twenty people who set up an academy and say crazy things accepted by the collective, you now have “peer-reviewing” and can start a department in a university.”
Nassim Nicholas Taleb, Skin in the Game: The Hidden Asymmetries in Daily Life

Nassim Nicholas Taleb
“Incompetent pilots, those who cannot learn from experience, or don’t mind taking risks they don’t understand, may kill many. But they will
themselves end up at the bottom of, say, the Bermuda Triangle, and cease to represent a threat to others and mankind.”
Nassim Nicholas Taleb, Skin in the Game: The Hidden Asymmetries in Daily Life

Nassim Nicholas Taleb
“In fact, there is something worse than peer assessment: the bureaucratization of the activity creates a class of new judges: university administrators, who have no clue what someone is doing except via external signals, yet become the actual arbiters.
These arbiters fail to realize that “prestigious” publication, determined by peer-reviewers in a circular manner, are not Lindy compatible — they only mean that a certain set of (currently) powerful people are happy with your work.”
Nassim Nicholas Taleb, Skin in the Game: The Hidden Asymmetries in Daily Life

Nassim Nicholas Taleb
“However, the answer is clear in the case of terrorism. The rule should be: You kill my family with supposed impunity; I will make yours pay some indirect price for it. Indirect responsibility isn’t part of the standard crime-and-punishment methodology of a civilized society, but confronting terrorists (who threaten
innocents) isn’t standard either. For we have rarely in history faced a situation in which the perpetrator of a crime has a completely asymmetric payoff and upside from death itself.”
Nassim Nicholas Taleb, Skin in the Game: The Hidden Asymmetries in Daily Life

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