In 'Skin in the Game,' Nassim Nicholas Taleb explores the profound risks of decision-making that doesn't involve personal stakes. He unveils how those with power often evade the consequences of their actions while the vulnerable bear the brunt of systemic failures. Through compelling anecdotes and sharp insights, Taleb emphasizes the importance of having 'skin in the game' in economics, politics, and life. His thought-provoking arguments challenge conventional wisdom and demand accountability in our interconnected worlds. This book is an essential read for anyone seeking to understand the real implications of risk and responsibility.
By Nassim Nicholas Taleb
Published: 2019
"The man who is afraid will do anything."
Why should we never listen to people who explain rather than do? Why do companies go bust? How is it that we have more slaves today than in Roman times? Why does imposing democracy on other countries never work? The answer- too many people running the world don't have skin in the game. In this provocative book, Nassim Nicholas Taleb shows that skin in the game applies to all aspects of our lives. It's about having something to lose and taking a risk. Citizens, lab experimenters, artisans, political activists and hedge fund traders all have skin in the game. Policy wonks, corporate executives, theoreticians, bankers and most journalists don't.
Showing 8 of 28 similar books
Adam Grant is a renowned organizational psychologist and bestselling author, celebrated for his influential work on motivation and workplace dynamics. He is a professor at the Wharton School of the University of Pennsylvania, where he has been the youngest tenured professor and earned numerous teaching awards. Grant's books, including "Give and Take," "Originals," and "Think Again," have been translated into multiple languages and have topped bestseller lists worldwide. His research and insights are frequently featured in major media outlets, and he hosts the popular podcast "WorkLife." Through his writing and speaking, Grant has profoundly impacted the fields of psychology, business, and education.
Barack Obama is the 44th President of the United States, serving from 2009 to 2017. As the first African American president, Obama’s leadership marked a historic moment in American history. His administration focused on healthcare reform, economic recovery from the Great Recession, and environmental policies. He is best known for the Affordable Care Act, as well as his efforts to expand civil rights and restore diplomatic relations with Cuba. Since leaving office, Obama has continued to engage in public life through his foundation, focusing on leadership development, civic engagement, and global issues.
Frank Chimero is a renowned designer, illustrator, and author best known for his influential book "The Shape of Design," which explores the philosophy and practice of design. His work emphasizes the intersection of creativity and human experience, earning him a respected place in both the design and literary communities. Chimero has contributed essays and lectures that have inspired a new generation of thinkers in the creative industries. He has also been recognized for his ability to distill complex ideas into accessible, thought-provoking content. Beyond his writing, Chimero's design projects and illustrations have been featured in numerous prestigious publications and exhibitions.
Ana Lorena Fabrega is an innovative educator and author passionate about reimagining education. Known as “Ms. Fab,” she is the Chief Evangelist at Synthesis, an education startup inspired by the problem-solving and collaboration model used at SpaceX. She advocates for alternative learning methods, encouraging curiosity and creativity in students. Ana's work emphasizes the importance of engaging young learners in real-world challenges and critical thinking. She also shares insights on education reform through her popular newsletter, Fab Fridays.
Ben Horowitz is a prominent American entrepreneur, investor, and author, best known for co-founding the venture capital firm Andreessen Horowitz. He made significant contributions to the tech industry through his leadership roles at Netscape and as co-founder of the software company Opsware, which was later acquired by Hewlett-Packard. Horowitz is celebrated for his insightful business book, "The Hard Thing About Hard Things," which provides candid advice on the challenges of entrepreneurship. His follow-up book, "What You Do Is Who You Are," explores the importance of company culture in business success. Horowitz's works are highly regarded for their practical wisdom and have influenced countless leaders in the tech and business communities.
Chris Dixon is a notable venture capitalist and technology entrepreneur, best known for his influential role as a general partner at Andreessen Horowitz, where he leads investments in cryptocurrency and blockchain technology. Before joining the firm, Dixon co-founded two startups: SiteAdvisor, a web security company acquired by McAfee, and Hunch, a recommendation engine acquired by eBay. In addition to his investment career, Dixon is a prolific writer and thought leader on technology and innovation, contributing insightful essays and articles to various platforms such as his personal blog and Medium. His writings often explore the future of technology, the internet, and the impact of blockchain, making significant contributions to contemporary tech literature. Dixon's work has earned him recognition as a visionary in both the tech and literary worlds.
Jon Stewart is an American comedian, writer, and former host of The Daily Show, where he gained fame for his satirical take on news and politics. Stewart transformed The Daily Show into a critical voice in American media, blending humor with hard-hitting commentary on political and social issues. After stepping down from the show, Stewart has continued to advocate for causes like 9/11 first responders and veterans' rights. He is also a filmmaker, directing the political satire film Irresistible. Stewart remains a significant figure in American culture, known for his wit, activism, and influence on political discourse.
Jordan Hughes is a celebrated author known for their compelling narratives and richly developed characters. Their debut novel, "Echoes of Tomorrow," won the prestigious Man Booker Prize, marking a significant milestone in contemporary fiction. Hughes's work often explores themes of identity, resilience, and the human condition, earning them critical acclaim and a dedicated readership. In addition to their novels, Hughes has contributed thought-provoking essays to major literary journals, further solidifying their influence in the literary world. Their innovative storytelling continues to inspire and captivate audiences worldwide.
Showing 8 of 16 related collections
“The man who is afraid will do anything.”
Skin in the Game
By Nassim Nicholas Taleb
Discover a world of knowledge through our extensive collection of book summaries.
Nassim Nicholas Taleb is a Lebanese-American philosopher, scholar, and financial trader, best known for his works on probability, uncertainty, and risk. He gained widespread recognition for his books, particularly "The Black Swan," which explores the impact of rare, unpredictable events on the world. Taleb has a background in mathematics and finance, having studied at the University of Pennsylvania and the University of Massachusetts. His ideas challenge conventional thinking, advocating for a more robust approach to dealing with uncertainty in various domains, from economics to life itself. In addition to his writing, he is known for his engaging and often provocative public speaking and for promoting the concept of "Antifragility," which describes systems that gain from disorder.
Key information about the book.
Buy on Amazon
Buy via BookShopSupport local bookstores: BookShop gives a portion of each sale to independent bookshops!
In "Heartland," Sarah Smarsh chronicles her journey growing up in the working-class Wichita, Kansas, where poverty intertwined with the American Dream. With raw honesty and poetic flair, she delves into the complexities of family, identity, and resilience, revealing how the struggles of her upbringing shaped her worldview. This poignant memoir braids personal narrative with social commentary, illuminating the often-overlooked lives of rural Americans. As she navigates the intricate tapestry of love, hardship, and hope, Smarsh challenges readers to reconsider their assumptions about class and success. Prepare to be captivated by a story that is both intimately personal and profoundly universal.
In "New Grub Street," George Gissing unravels the gritty underbelly of late 19th-century London, where ambition clashes with the harsh realities of the literary world. Following the lives of struggling writers, it explores the relentless pursuit of success amidst societal pressure and moral dilemmas. Gissing artfully depicts the tension between artistic integrity and commercial viability, leaving readers questioning the true cost of ambition. With vivid character portrayals and astute social commentary, the novel paints a haunting portrait of creativity in a capitalist society. Will the characters rise above their circumstances, or will the insatiable hunger for fame consume them?
In 'I Know Why the Caged Bird Sings,' Maya Angelou unfolds her extraordinary journey from a childhood marked by trauma and racial segregation to the discovery of her own voice and resilience. Through vivid storytelling, she reveals the complexities of growing up as a Black girl in the American South, facing both the challenges of her identity and the healing power of literature. Her poetic reflections illuminate the struggles of finding freedom and self-acceptance amidst oppression. This memoir is not just a tale of survival, but a celebration of the human spirit's indomitable strength. Readers are invited to explore how art and experience intertwine to create a life of purpose and hope.
In 'The Limits of State Action', Wilhelm von Humboldt challenges the conventional role of government in individual lives, arguing for the primacy of personal freedom and self-development. He articulates a vision of a society where the state should limit its intervention, allowing individuals to flourish in their pursuits. Humboldt's philosophy emphasizes the importance of diverse experiences and the cultivation of individuality, inviting readers to rethink their views on authority and autonomy. With a blend of political philosophy and humanistic ideals, this work remains a profound exploration of the tension between freedom and governance. Dive in to discover how his insights resonate in today's debates about state overreach and personal liberty.
In '21 Lessons for the 21st Century', Yuval Noah Harari navigates the complex landscape of today's world, tackling urgent questions about our future. From the impact of technology on society to the challenges of political stability, each lesson provokes thought and introspection. Harari explores key themes such as the rise of artificial intelligence, the significance of data, and the importance of meaning in an increasingly uncertain world. With a blend of history, philosophy, and science, the book invites readers to reflect on their roles in shaping a shared future. Will we adapt, or become obsolete? Dive in to uncover the lessons that could redefine humanity's path.
In 'Why Nations Fail', Daron Acemoglu and James A. Robinson unravel the deep-rooted reasons behind the success or failure of nations across the globe. They argue that it is not geography or culture, but rather political and economic institutions that determine a country's fate. Through compelling historical examples, the authors illustrate how inclusive institutions foster prosperity while extractive ones lead to poverty and chaos. The book challenges readers to reconsider the factors that shape our world and ignites a discourse on how we might build better systems for the future. Prepare to delve into the complex interplay of power and economics that shapes nations.
In 'Tightrope', Pulitzer Prize winners Nicholas D. Kristof and Sheryl WuDunn unveil the gripping realities of America’s working-class struggle through deeply personal narratives. They share the poignant stories of individuals from their hometown in Oregon, highlighting the stark contrasts between privilege and poverty. The authors dig into systemic issues like drug addiction, economic despair, and the elusive American Dream. Through powerful storytelling, they challenge readers to confront uncomfortable truths about inequality and resilience. This eye-opening exploration not only evokes empathy but also urges a critical examination of societal values.
Download our mobile app to enjoy your favorite books on the go. Get access to exclusive features, offline listening, and personalized recommendations.
