{"id":8395,"date":"2016-05-22T11:21:48","date_gmt":"2016-05-22T18:21:48","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=8395"},"modified":"2016-05-22T11:21:48","modified_gmt":"2016-05-22T18:21:48","slug":"antifragile-medicine-las-vegas-real-world-risk-status-beirut-madinati-commons-ethics-facebook","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2016\/05\/antifragile-medicine-las-vegas-real-world-risk-status-beirut-madinati-commons-ethics-facebook\/","title":{"rendered":"Antifragile Medicine, Las Vegas, Real World Risk, Status, Beirut Madinati, Commons, Ethics | Facebook"},"content":{"rendered":"<div id=\"js_v\" class=\"_5pbx userContent\" data-ft=\"{&quot;tn&quot;:&quot;K&quot;}\">\n<div id=\"id_5741f5c337f634068327557\" class=\"text_exposed_root text_exposed\">\n<div id=\"js_3\" class=\"_5pbx userContent\" data-ft=\"{&quot;tn&quot;:&quot;K&quot;}\">\n<p><a href=\"https:\/\/www.facebook.com\/nntaleb\/posts\/10153854634608375\" target=\"_blank\">Friends, this is technical but it maps the ideas of Antifragile to medicine<\/a> in a formal way. :<br \/>\nIt is still a draft 5\/22\/16<br \/>\n<a href=\"https:\/\/dl.dropboxusercontent.com\/u\/50282823\/medicine.pdf\" target=\"_blank\" rel=\"nofollow\">https:\/\/dl.dropboxusercontent.com\/u\/50282823\/medicine.pdf<\/a><\/p>\n<\/div>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p><a href=\"https:\/\/www.facebook.com\/nntaleb\/posts\/10153834035228375\" target=\"_blank\">In Las Vegas at a conference<\/a>, I explained fragility as nonlinearity:<br \/>\nmix a $2,000 bottle of wine with a $10 one. The 2 bottles will be worth less than $1,005 each.\u00a0 5\/12\/16<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<div id=\"js_b\" class=\"_5pbx userContent\" data-ft=\"{&quot;tn&quot;:&quot;K&quot;}\">\n<div id=\"id_5741f5a7ec1f48336650962\" class=\"text_exposed_root text_exposed\">\n<p><a href=\"https:\/\/www.facebook.com\/nntaleb\/posts\/10153832714938375\" target=\"_blank\">Friends, our uberization of education is working<\/a>, working. We intent to keep it at the artisanal level (no online stuff, no scaling) because we enjoy lecturing and want to keep enjoying the atmosphere. Artisanal is a way of being.<\/p>\n<p>We added a quantitative certificate to the qualitative one we already have. The quantitative certificate is August 15-19 in Stony Brook. More advanced, deeper.<\/p>\n<p>Note that the June 6-10 program has ~ 50 people registered. Note that we gave a certai<span class=\"text_exposed_show\">n number of scholarships (more than universities!)<\/span><\/p>\n<div class=\"text_exposed_show\">\n<a href=\"http:\/\/www.realworldrisk.com\/\" target=\"_blank\" rel=\"nofollow\">www.realworldrisk.com<\/a><\/p>\n<\/div>\n<\/div>\n<div class=\"_5wpt\"><\/div>\n<\/div>\n<div class=\"_3x-2\">\n<div data-ft=\"{&quot;tn&quot;:&quot;H&quot;}\">\n<div class=\"mtm\">\n<div id=\"u_0_1i\" class=\"_6m2 _1zpr clearfix _dcs _4_w4 _59ap\" data-ft=\"{&quot;tn&quot;:&quot;H&quot;}\">\n<div class=\"clearfix _2r3x\">\n<div class=\"lfloat _ohe\">\n<div class=\"_6ks\">\n<div class=\"_6l- __c_\">\n<div class=\"uiScaledImageContainer _6m5 fbStoryAttachmentImage\"><img loading=\"lazy\" decoding=\"async\" class=\"scaledImageFitWidth img\" src=\"https:\/\/external-lax3-1.xx.fbcdn.net\/safe_image.php?d=AQBkMcgY0nI0Zdjm&amp;w=470&amp;h=246&amp;url=http%3A%2F%2Fwww.realworldrisk.com%2Fyahoo_site_admin%2Fassets%2Fimages%2Fnobackground.294134437.png&amp;cfs=1&amp;upscale=1\" alt=\"\" width=\"470\" height=\"246\" \/><\/div>\n<\/div>\n<\/div>\n<div class=\"_3ekx _29_4\">\n<div class=\"_6m3\">\n<div class=\"mbs _6m6 _2cnj\"><a href=\"http:\/\/l.facebook.com\/l.php?u=http%3A%2F%2Fwww.realworldrisk.com%2F&amp;h=uAQGlu4tf&amp;enc=AZObXen2RoqjasGYVN2gf3vLxuFNtlRc2P8DnVVvPBazEC2s0JaQGOmK1XkMKfSl74JF1xMfU3W2dkLxOovsXj9pSjk3UL-fyaUDglXTDcQtZQ5eZpzPa2N9vChw9t6v1hELrQP7W5rTeveYZSPE1WH1bgqwK-LAAwc9iDKWsDv2HLxkgrrYbItxIP4n3DqHLnBW-KQK_CfDhMb9hwXIFQ6C&amp;s=1\" target=\"_blank\" rel=\"nofollow\">Real World Risk Institute LLC &#8211; The MISSION and the MINI-CERTIFICATE IN ReAL WORLD RISK RISK TAKING<\/a><\/div>\n<div class=\"_59tj\">\n<div>\n<div class=\"_6lz _6mb ellipsis\">5\/12\/16<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<div id=\"id_5741f5c337f634068327557\" class=\"text_exposed_root text_exposed\">\n<p><a href=\"https:\/\/www.facebook.com\/nntaleb\/posts\/10153832683698375\" target=\"_blank\">Try to talk to a stranger without signaling your status<\/a> and see how pleasant you will be to him\/her.<br \/>\nThis is how salespeople and con men operate. They make you crave their company because you do not feel threatened. 5\/12\/16<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p><a href=\"https:\/\/www.facebook.com\/nntaleb\/posts\/10153827764963375\" target=\"_blank\">I&#8217;d rather live in a place where nothing appears to make sense<\/a> but things work, rather than in a place where things make sense but don&#8217;t work. 5\/9\/16<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p><a href=\"https:\/\/www.facebook.com\/nntaleb\/photos\/a.10150109720973375.279515.13012333374\/10153820552328375\/?type=3\" target=\"_blank\">If you are in Beirut, please vote for Beirut Madinati<\/a> in Sunday&#8217;s municipal election. They are part of the recent worldwide movement to displace established rent seekers and increase governance.<br \/>\nAs you can observe, not one of them is wearing a tie.<\/p>\n<p>Note that, in a globalized world, municipal rule is central. We are inching back to the autonomous Phoenician city states.<\/p>\n<div class=\"text_exposed_show\">\n<p>PS- I do not vote in Beirut (I am registered in my ancestral village Amioun although my grandfather moved to Beirut in 1922).<\/p>\n<\/div>\n<\/div>\n<div class=\"_5wpt\"><\/div>\n<\/div>\n<div class=\"_3x-2\">\n<div data-ft=\"{&quot;tn&quot;:&quot;H&quot;}\">\n<div class=\"mtm\">\n<div class=\"_5cq3\" data-ft=\"{&quot;tn&quot;:&quot;E&quot;}\">\n<div id=\"u_8_h\" class=\"uiScaledImageContainer _4-ep\"><img loading=\"lazy\" decoding=\"async\" class=\"scaledImageFitHeight img\" src=\"https:\/\/scontent-lax3-1.xx.fbcdn.net\/v\/t1.0-0\/s480x480\/13124617_10153820552328375_2622778364819575616_n.jpg?oh=a7784cea45102d7a0afe0f01a1645e0b&amp;oe=57E36B78\" alt=\"Nassim Nicholas Taleb's photo.\" width=\"471\" height=\"287\" \/><\/div>\n<div class=\"uiScaledImageContainer _4-ep\">5\/6\/16<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p><a href=\"https:\/\/www.facebook.com\/nntaleb\/posts\/10153817788528375\" target=\"_blank\">The best definition of a commons<\/a>: a space in which you are treated by others the way you treat them.<\/p>\n<p>This continues the previous conversation and connects the commons to skin in the game and golden and silver rules. 5\/5\/15<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p><a href=\"https:\/\/www.facebook.com\/nntaleb\/posts\/10153814390523375\" target=\"_blank\">SKIN IN THE GAME<\/a><br \/>\nWhat I picked up from Elinor Ostrom is that the private and the public are not the only two entities. There is something called a &#8220;commons&#8221; in between. As with any complex systems, people behave differently at a different scale. This explains why the municipal is different from the national. It also explains how tribes operate: you are part of a specific group that is larger than the narrow *you*, but narrower than humanity in general.<\/p>\n<p>People share some things *but not others* withing a specified group. And there is a protocol for dealing with the outside. Arab pastoral tribes have firm rules of hospitality towards nonhostile strangers who don&#8217;t threaten their commons, but get violent when the stranger is a threat.<\/p>\n<p>The &#8220;public good&#8221; is something abstract, taken out of a textbook. Everything abstract fails. To repeat, scale, rather than type of regime, is the prime explanation of the flop of communism.<\/p>\n<p>PS &#8211; One of the themes in SKIN IN THE GAME is that the &#8220;individual&#8221; is ill-defined an entity. &#8220;Me&#8221; is more likely to be a group than a single person. Note that the scale transformation (a group doesn&#8217;t have the preferences of an individual) brings us to the flaw in the &#8220;selfish gene&#8221; theory, which was shown to be mathematically shody by E.O. Wilson and Nowak as well as Yaneer Bar-Yam. 5\/3\/16<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p><a href=\"https:\/\/www.facebook.com\/nntaleb\/posts\/10153806649493375\" target=\"_blank\">You can very easily distinguish real philosophers and scientists<\/a> from the CV-building, academic rat variety. The real thing tell you what they are *trying* to figure out, not what they *did* in past career. 4\/30\/16<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p><a href=\"https:\/\/www.facebook.com\/nntaleb\/posts\/10153802488088375\" target=\"_blank\">Admonish your friends in private; praise them in public<\/a>. And distrust anyone who does the reverse.<\/p>\n<p>(Secrete amicos admone; lauda palam.) 4\/28\/16<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p><a href=\"https:\/\/www.facebook.com\/nntaleb\/posts\/10153784942513375\" target=\"_blank\">Someone saying &#8220;ethics is good for success&#8221; is missing the entire point of ethics<\/a>.\u00a0 4\/19\/16<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p><a href=\"https:\/\/www.facebook.com\/nntaleb\/posts\/10153781785348375\" target=\"_blank\">Added a page as public service (he will now leave me alone<\/a>, this is to protect others, preserve the integrity of the system)<br \/>\nThis is the minority rule: it takes only a few very very intolerant and tenacious people to make the system more honest.<br \/>\n<a href=\"http:\/\/www.fooledbyrandomness.com\/SmithBSVendor.html\" target=\"_blank\" rel=\"nofollow\">http:\/\/www.fooledbyrandomness.com\/SmithBSVendor.html<\/a>\u00a0 4\/18\/16<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<div id=\"js_1m\" class=\"_5pbx userContent\" data-ft=\"{&quot;tn&quot;:&quot;K&quot;}\">\n<div id=\"id_5741efe6b53192a87875100\" class=\"text_exposed_root text_exposed\">\n<p><a href=\"https:\/\/www.facebook.com\/nntaleb\/photos\/a.10150109720973375.279515.13012333374\/10153776062458375\/?type=3\" target=\"_blank\">Friends, this is what I wrote in The Black Swan about rare events<\/a>: they are very difficult to assess probabilistically. Not underpriced: hard to price, hence one should avoid being fragile to them. 4\/15\/16<\/p>\n<p>Accordingly I have asked for a formal retraction of an article by Noah Smith (someone who has been spreading nonsense for years) and who apparently has not read the book.<\/p>\n<p><a href=\"http:\/\/www.bloombergview.com\/articles\/2016-04-15\/everyone-worries-too-much-about-black-swan-events\" target=\"_blank\" rel=\"nofollow\">http:\/\/www.bloombergview.com\/\u2026\/everyone-worries-too-much-ab\u2026<\/a><span class=\"text_exposed_show\"><br \/>\nAdded a page:<br \/>\n<a href=\"http:\/\/www.fooledbyrandomness.com\/SmithBSVendor.html\" target=\"_blank\" rel=\"nofollow\">http:\/\/www.fooledbyrandomness.com\/SmithBSVendor.html<\/a><\/span><\/p>\n<\/div>\n<div class=\"_5wpt\"><\/div>\n<\/div>\n<div class=\"_3x-2\">\n<div data-ft=\"{&quot;tn&quot;:&quot;H&quot;}\">\n<div class=\"mtm\">\n<div class=\"_5cq3\" data-ft=\"{&quot;tn&quot;:&quot;E&quot;}\">\n<div id=\"u_28_k\" class=\"uiScaledImageContainer _4-ep\"><img loading=\"lazy\" decoding=\"async\" class=\"scaledImageFitWidth img\" src=\"https:\/\/scontent-lax3-1.xx.fbcdn.net\/v\/t1.0-0\/s480x480\/12512647_10153776062458375_7030957635345057250_n.png?oh=45d32374fa2074c71dd71822a1e1570b&amp;oe=57D13B72\" alt=\"Nassim Nicholas Taleb's photo.\" width=\"470\" height=\"149\" \/><\/div>\n<\/div>\n<div class=\"uiScaledImageContainer _4-ep\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Friends, this is technical but it maps the ideas of Antifragile to medicine in a formal way. : It is still a draft 5\/22\/16 https:\/\/dl.dropboxusercontent.com\/u\/50282823\/medicine.pdf &#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;- In Las Vegas at a conference, I explained fragility as nonlinearity: mix a $2,000 bottle of wine with a $10 one. The 2 bottles will be worth less than [&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":[1272,1274,1275,458,1273,1218,880],"class_list":["post-8395","post","type-post","status-publish","format-standard","hentry","category-facebook","tag-antifragile-medicine","tag-beirut-madinati","tag-commons","tag-ethics","tag-las-vegas","tag-real-world-risk","tag-status"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8395","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=8395"}],"version-history":[{"count":3,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8395\/revisions"}],"predecessor-version":[{"id":8398,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8395\/revisions\/8398"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=8395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=8395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=8395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}