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Showing posts with the label Anti-fragile

John Dewey and Fragility

Last week I quoted the philosopher John Dewey on the difference between life and non-living matter.  "The most notable distinction between living and inanimate things is that the former maintain themselves by renewal. A stone when struck resists. If its resistance is greater than the force of the blow struck, it remains outwardly unchanged. Otherwise, it is shattered. While the living thing may easily be crushed by a superior force, it none the less tries to turn the energies which act upon it into means of its own further existence." A friend asked why I considered that profound. I'll reproduce here my response, with some very slight re-working. _____________________________  One obvious example of what Dewey has in mind is the immune system in humans and in just about all other creatures with blood coursing through veins. There is a wide range of infections which cause various nasty diseases in humans, whence most of those struck can and do recove...

Nassim Nicholas Taleb

Below I'll provide a link to a well-written blast at the expense of Nassim Nicholas Taleb's latest book, Anti-Fragile. The thesis of the book is that there are three different states-of-being for institutions, individuals, even academic theories: fragility, robustness, and anti-fragility. These are also, in order: really bad, not so bad, good. [I've written about one aspect of this book in this blog quite recently -- Taleb figures in my series of posts about  Krugman and Gould. ] A brief illustration of the thesis might run this way: a nation that has built its whole economy around the production and sale of wine would be fragile. It would depend for its livelihood on the international market for wine, and, (even if demand for wine holds up forever) it could be devastated by climate changes that make its own terrain less hospitable to grapes. A nation that was less dependent on any single market or product would be robust. But better than robustness...