Skin in the Game by Nassim Nicholas Taleb

A Critic’s Meta-Review: 4/5

Nassim Nicholas Taleb’s book Skin in the Game (2018) argues that balancing risk and reward is essential to creating a fair society, and that a lack of such balance creates a world fraught with unnecessary complexity and risk.

Understanding the balance or imbalance of risk and reward in social systems helps to explain how the world works. When people subject others to situations involving risk — as in a financial trade, for example — they should share the consequences of failure just as…