Thanks again for the help; added the second half to the chapter on iatrogenics…
http://www.fooledbyrandomness.com/AntiFragilityChapter8.pdf

For those of you who may be in Philadelphia on TUESDAY, open lecture on ANTIFRAGILITY :
http://www.sas.upenn.edu/ppe/Events/Goldstone/general.html

School of Arts & Sciences – University of Pennsylvania
www.sas.upenn.edu
The Goldstone Forum is an annual lecture by leading figures in business, political and academic arenas. PPE students have the opportunity to meet privately with these speakers to discuss the legal, ethical, political and economic issues they are studying with people who are confronting these same is

I thank you all for the help. This is part of Chapter 8 (on iatrogenics & concavity), a very very preliminary (and incomplete) draft.

http://www.fooledbyrandomness.com/AntiFragilityChapter8.pdf

http://www.fooledbyrandomness.com/AntiFragilityChapter8.pdf
www.fooledbyrandomness.com

There is No two Party System in America. Watching the budget debate, with $1.3 trillion deficit & Democrats & Republicans bickering over a $60 billion reduction… Time to realize that Republicans and Democrats are same, like the left wing and the right wing of the Syrian Bath party.

CONCAVITY, IATROGENICS, & JENSENS’ INEQUALITY (CONNECTING DOTS):
COPENHAGEN- Iatrogenics occur when we have small identifiable gains (say, avoidance of small discomfort or a minor infection) and delayed invisible large side effects (say, death).
Just like short a financial option.