A couple of links
Busy couple of days, so not much time to write anything on these (as I would very much like to), but I highly recommend you go check them out.
- Nassim Taleb talking with Russ Roberts about “Antifragility”, his book-in-progress. I find Taleb’s style really frustrating, and I think he too often relies in informal argument on the kind of ‘just-so stories’ he has so rightly criticised in both Fooled by Randomness and Black Swan. But his intellect is incredibly fertile (Fooled by Randomness had a major influence on my intellectual development as a teenager), and Russ’ clear questions and follow-ups are the perfect foil to Taleb’s sometimes opaque way of speaking (although his writing, in my view, is very clear). And I can’t wait for the book.
- Waleed Hussain (of Wharton) has a working paper, entitled ‘An Alternative to the Fiduciary Theory of the Corporation‘ (H/T Matt Yglesias) which is so brilliant and raises so many complex and important issues that it made want to just drop everything I’m doing so I can think about it, work through it and tease out the implications. Unfortunately that isn’t an option, but expect posts on this topic in the not too distant future.