But in Antifragile, Taleb goes beyond this “square peg in a round hole” argument to a larger critique of “soccer moms” (both figurative and literal) who naively attempt to make the world safer by “sucking randomness out to the last drop.” Doing this provides the illusion of safety while actually making us less resilient and more fragile. In other words, not only are scraped knees and bruises ok, they are an essential part of growth.

Many readers misunderstand Taleb’s core message. They assume that because Taleb writes about unseen and improperly calculated risks, his objective must be to reduce or eliminate risk. Nothing could be further from the truth.

If anything, Antifragile is a celebration of risk and randomness and a call to arms to recognize and embrace antifragility. Rather than reduce risk, organize your life, your business or your society in such a way that it benefits from randomness and the occasional Black Swan event.

via Nassim Taleb’s ‘Antifragile’ Celebrates Randomness In People, Markets – Forbes.

Many sections of this book were eye-opening and they helped to change my perception of certain events. I particularly liked the thought that women who carry items on their head have better posture and bone density than those that don’t:

The tradition has been to think that aging causes bone weakness (bones lose density, become more brittle), as if there was a one-way relationship possibly brought about by hormones (females start experiencing osteporosis after menopause). It turns out, as shown by Karsenty and others who have since embarked on the line of research, that the reverse is also largely true: loss of bone density also causes aging, diabetes, and, for males, loss of fertility and sexual function.

Some of the ideas, especially the thought that small wars are good for the population as a whole, are controversial, but I found them thought provoking and enjoyed the little arguments they created in my head!

via Antifragile by Nassim Nicholas Taleb – Farm Lane Books Blog.

I like the tone. It feels to me like NNT’s way of putting skin in the game. Now that he’s in Rome (book tour) perhaps there’s a chance we’ll have our offended economist fisticuffs  dust-up.

Antifragile continues the Black Swan theme but the arrogant tone has been taken up a notch.

As with Taleb’s other books, there are interesting ideas here. His main point is this: there is no word in the English language to mean the opposite of fragile. You might think that “resilient” or “robust” is the opposite of fragile but that’s not right. A system is fragile if it is sensitive to errors. A system is resilient if it is insensitive to errors. A system is antifragile if it improves with errors.

To understand antifragility, think of things that lead to improvement by trial-and-error. Evolution is an example. Entrepreneurship is another.

Generally, top-down, bureaucratic things tend to be fragile. Bottom-up, decentralized things tend to be anti-fragile. He refers to meddlers who want to impose centralized — and hence fragile — decision making on people as “fragilistas.” I love that word.

I like his ideas about antifragility. I share his dislike for centralized decision-making, bureaucrats, (as well as his dislike of Paul Krugman and Thomas Friedman). So I really wanted to like this book.

via Review of “Antifragile” by Nassim Taleb (a.k.a. Doc Savage) « Normal Deviate.

VERDICT Taleb’s tome is by turns entertaining, thought-provoking, silly, brilliant, and irreverent, yet his logic remains cogent and his message clear throughout. His wit and substance have already found him a worldwide audience; this book is likely to create him an even more robust fan bas e. —Carol Elsen, Univ. of Wisconsin, Whitewater, Libs.

via Social Sciences Reviews | January 2013.
HatTip Dave Lull