Systems learn by removing

Summary:
Maybe... Taleb ofc approaching it stochastically, "process of elimination" here... and the "system" eliminates the input that corresponded to the failed outcome...Deterministic science trained people instead "make adjustments" in response to failure... ancient Greek "katartismon"... based on the original deterministic functional understanding and the initial input People don’t learn. Skin in the game has the attribute of removing bad drivers from the system.Systems learn by removing. https://t.co/DC2Gq5H0O9— Nassim Nicholas Taleb (@nntaleb) September 23, 2018

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

John Quiggin writes Monday Message Board

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten