Thursday, March 28, 2013

How Debt Ruins Systems

http://reason.com/archives/2013/03/24/how-debt-ruins-systems

Taleb’s new book, Antifragile: Things that Gain with Disorder, argues that in order to create robust institutions we must allow them to build resilience through adversity. The essence of capitalism, he argues, is encouraging failure, not rewarding success.

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