Monthly Archives: January 2015

In summary, modernity replaced process by…

In summary, modernity replaced process by result and the relational by the transactional.

Relational vs transactional: when you buy goat cheese from your grocer, you have a relationship, not just a transaction, with some kind of bilateral committment, loyalty, friendship.

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Process vs result: in virtue ethics, what makes you a hero is how you fight, not at all whether you win; what you do rather than the outcome. It clashes with the newfound notion of “success” .

via In summary, modernity replaced process… – Nassim Nicholas Taleb.

Friends, I made a mistake in the designation “skin in the game”…

Friends, I made a mistake in the designation “skin in the game”; it is ambiguous and is often mistaken for incentives. “Neck on the line” is more adequate, though ominous. But, even better and more ludic, “neck in the game”. How does “Neck in the game” sound? Explicit enough without being ominous?

I am considering revising by putting “neck” in place of “skin”.

via Friends, I made a mistake in the designation… – Nassim Nicholas Taleb.

Friends, anyone in Delhi on Jan 18 for coffee?

Friends, anyone in Delhi on Jan 18 for coffee?
Otherwise Jaipur after Jan 21.
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http://economictimes.indiatimes.com/…/articles…/45846455.cms

ET, India’s biggest business newspaper with its signature indepth political reportage and analysis, is…
economictimes.indiatimes.com

via Friends, anyone in Delhi on Jan 18 for coffee?… – Nassim Nicholas Taleb.