Fatal Conceit of Government Interventions: Creating Conditions for Instability

In his most recent book, Antifragile, Nassim Taleb points out that government interventions to reduce risks can make systems more prone to failure, even collapse.

In his mind, increased complexity of a system means that it is more necessary for it to encounter shocks that allow it create adjusting mechanisms so that the system can survive. As such, systems fare better if they embrace disorder rather than have an outside force try to impose order on them.

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