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Skin in the Game: Hidden Asymmetries in Daily Life

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Risk, reward, and real-world accountability.

If you're tired of theoretical talkers who seem disconnected from the real consequences of their actions, "Skin in the Game" is a breath of fresh air. Nassim Nicholas Taleb dives into why having something at stake changes how we make decisions and engage with the world. It's not just compelling; it's a fundamental reshaping of fairness and responsibility that will make you rethink who you trust and why. Ideal for those who want to understand how accountability shapes society, and for anyone who's skeptical of authority without consequence.

  • Goodreads Choice Award Nominee for Nonfiction (2018)
Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
New

Skin in the Game: Hidden Asymmetries in Daily Life

Regular price $11.90
Unit price
per
Compare to estimated retail price: S$19.20  
ISBN: 9780141982656
Publisher: Penguin Books
Date of Publication: 2019-02-28
Format: Paperback
Goodreads rating: 3.9
(rated by 26831 readers)

Description

From the New York Times bestselling author of The Black Swan, a bold new work that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility. In his most provocative and practical book yet, one of the foremost thinkers of our time redefines what it means to understand the world, succeed in a profession, contribute to a fair and just society, detect nonsense, and influence others. Citing examples ranging from Hammurabi to Seneca, Antaeus the Giant to Donald Trump, Nassim Nicholas Taleb shows how the willingness to accept one’s own risks is an essential attribute of heroes, saints, and flourishing people in all walks of life. As always both accessible and iconoclastic, Taleb challenges long-held beliefs about the values of those who spearhead military interventions, make financial investments, and propagate religious faiths. Among his insights: • For social justice, focus on symmetry and risk sharing. You cannot make profits and transfer the risks to others, as bankers and large corporations do. You cannot get rich without owning your own risk and paying for your own losses. Forcing skin in the game corrects this asymmetry better than thousands of laws and regulations. • Ethical rules aren’t universal. You’re part of a group larger than you, but it’s still smaller than humanity in general. • Minorities, not majorities, run the world
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Risk, reward, and real-world accountability.

If you're tired of theoretical talkers who seem disconnected from the real consequences of their actions, "Skin in the Game" is a breath of fresh air. Nassim Nicholas Taleb dives into why having something at stake changes how we make decisions and engage with the world. It's not just compelling; it's a fundamental reshaping of fairness and responsibility that will make you rethink who you trust and why. Ideal for those who want to understand how accountability shapes society, and for anyone who's skeptical of authority without consequence.

  • Goodreads Choice Award Nominee for Nonfiction (2018)
Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.