{"id":5900,"date":"2013-07-22T13:28:11","date_gmt":"2013-07-22T20:28:11","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=5900"},"modified":"2013-07-22T13:28:19","modified_gmt":"2013-07-22T20:28:19","slug":"the-superiority-of-skin-in-the-game-over-regulation","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2013\/07\/the-superiority-of-skin-in-the-game-over-regulation\/","title":{"rendered":"The superiority of skin-in-the-game over regulation&#8230;"},"content":{"rendered":"<blockquote>\n<p>The superiority of skin-in-the-game over regulation: it is a simple transactional agreement between individuals that doesn&#8217;t require government intervention, empty suits, and codes.The condition &#8220;I buy from you if you taste it&#8221; can be a natural part of the contract.Beyond that, it can be a moral heuristic: I only talk about things I do, and for which I will pay a price if I am wrong.<\/p>\n<\/blockquote>\n<p>via <a href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=10151604337668375&amp;id=13012333374\">The superiority of skin-in-the-game over&#8230; &#8211; Nassim Nicholas Taleb | Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The superiority of skin-in-the-game over regulation: it is a simple transactional agreement between individuals that doesn&#8217;t require government intervention, empty suits, and codes.The condition &#8220;I buy from you if you taste it&#8221; can be a natural part of the contract.Beyond that, it can be a moral heuristic: I only talk about things I do, and [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[460],"class_list":["post-5900","post","type-post","status-publish","format-standard","hentry","category-facebook","tag-skin-in-the-game"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/5900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=5900"}],"version-history":[{"count":2,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/5900\/revisions"}],"predecessor-version":[{"id":5902,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/5900\/revisions\/5902"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=5900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=5900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=5900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}