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Nassim Taleb: Centralization a Negative, Not a Positive

by Thomas E. Woods, Jr.
TomWoods.com

Recently by Thomas E. Woods, Jr.: Shock: ‘The Progressive Professor’ Opposes Nullification

Plenarchist writes:

You might find this talk Nassim Taleb gave at Google interesting. He explains antifragility (from his latest book, which I haven’t read).

His theory with respect to societies argues in favor of small government to reduce societal fragility. It is an argument in favor of competing states theory and even for nullification. (Though I have a hard time believing states can “compete” peacefully…)

Bottom line, the bigger the government the more homogeneous and fragile the society and the greater the risk of a black swan event (a total system shock). He sees the US and the world becoming more fragile as governments become more consolidated and centralized.

This originally appeared on TomWoods.com.

January 23, 2013

Thomas E. Woods, Jr. [send him mail; visit his website], a senior fellow of the Ludwig von Mises Institute, is the creator of Tom Woods’s Liberty Classroom, a libertarian educational resource. He is the author of eleven books, including the New York Times bestsellers Meltdown (on the financial crisis; read Ron Paul’s foreword) and The Politically Incorrect Guide to American History, and most recently Nullification and Rollback.

Copyright © 2013 Thomas Woods

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