Nassim: a) Substitute “Warranty and Liability” for “Skin in the Game” and you switch from discourse under colloquial, rhetorical, propter-hoc, low trust, heterogeneous, bazaars, to scientific post-hoc, high trust, homogenous, rule-of-law ‘markets’ proper.
Source date (UTC): 2018-04-26 14:30:20 UTC
Original post: https://twitter.com/i/web/status/989512005244674048
Reply addressees: @nntaleb @bryan_caplan @tylercowen
Replying to: https://twitter.com/i/web/status/989481241337614336
IN REPLY TO:
@nntaleb
EDUCATION.
Distilling the conversation with @bryan_caplan hosted by @tylercowen
1) There has been a traditional separation between:
+ “liberal education” for free men, (liber), who didn’t work for a living, &
+”technical education”, for those who labor.
Original post: https://twitter.com/i/web/status/989481241337614336
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