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R.W. Richey's avatar

Taleb makes a somewhat analogous point, but rather than talking about sacrifice at various levels, he talked about how it's more acceptable to take risks at lower levels. So it's totally acceptable for individuals to take risks, somewhat acceptable for families to take risks, and completely unacceptable for nations to take risks.

I further elaborated on this idea in one of my posts: https://www.wearenotsaved.com/p/a-deeper-understanding-of-how-bad-things-happen

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Misha Valdman's avatar

I get psychofauna, but family and nation don’t strike me as dominant. Or at least not anymore. My picks would be: capital, analysis, justice.

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