Antifragile: Things That Gain from Disorder: 3 (Incerto) - Hardcover

Taleb, Nassim Nicholas

Hardcover

ISBN 10: 1400067820 ISBN 13: 9781400067824

Publisher: Random House, 2012

Synopsis

Antifragile is a standalone book in Nassim Nicholas Taleb's landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don't understand. The other books in the series are Fooled by Randomness, The Black Swan, Skin in the Game, and The Bed of Procrustes.

Nassim Nicholas Taleb, the bestselling author of The Black Swan and one of the foremost thinkers of our time, reveals how to thrive in an uncertain world.

Just as human bones get stronger when subjected to stress and tension, and rumors or riots intensify when someone tries to repress them, many things in life benefit from stress, disorder, volatility, and turmoil. What Taleb has identified and calls "antifragile" is that category of things that not only gain from chaos but need it in order to survive and flourish.

In The Black Swan, Taleb showed us that highly improbable and unpredictable events underlie almost everything about our world. In Antifragile, Taleb stands uncertainty on its head, making it desirable, even necessary, and proposes that things be built in an antifragile manner. The antifragile is beyond the resilient or robust. The resilient resists shocks and stays the same; the antifragile gets better and better.

Furthermore, the antifragile is immune to prediction errors and protected from adverse events. Why is the city-state better than the nation-state, why is debt bad for you, and why is what we call "efficient" not efficient at all? Why do government responses and social policies protect the strong and hurt the weak? Why should you write your resignation letter before even starting on the job? How did the sinking of the Titanic save lives? The book spans innovation by trial and error, life decisions, politics, urban planning, war, personal finance, economic systems, and medicine. And throughout, in addition to the street wisdom of Fat Tony of Brooklyn, the voices and recipes of ancient wisdom, from Roman, Greek, Semitic, and medieval sources, are loud and clear.

Antifragile is a blueprint for living in a Black Swan world.

Erudite, witty, and iconoclastic, Taleb's message is revolutionary: The antifragile, and only the antifragile, will make it.

Praise for Antifragile

"Ambitious and thought-provoking . . . highly entertaining."--The Economist

"A bold book explaining how and why we should embrace uncertainty, randomness, and error . . . It may just change our lives."--Newsweek

About this title

Review:

"Ambitious and thought-provoking . . . highly entertaining."--The Economist

"A bold book explaining how and why we should embrace uncertainty, randomness, and error . . . It may just change our lives."--Newsweek

"Revelatory . . . [Taleb] pulls the reader along with the logic of a Socrates."--Chicago Tribune

"Startling . . . richly crammed with insights, stories, fine phrases and intriguing asides . . . I will have to read it again. And again."--Matt Ridley, The Wall Street Journal

"Trenchant and persuasive . . . Taleb's insatiable polymathic curiosity knows no bounds. . . . You finish the book feeling braver and uplifted."--New Statesman

"Antifragility isn't just sound economic and political doctrine. It's also the key to a good life."--Fortune

"At once thought-provoking and brilliant."--Los Angeles Times

"[Taleb] writes as if he were the illegitimate spawn of David Hume and Rev. Bayes, with some DNA mixed in from Norbert Weiner and Laurence Sterne. . . . Taleb is writing original stuff--not only within the management space but for readers of any literature--and . . . you will learn more about more things from this book and be challenged in more ways than by any other book you have read this year. Trust me on this."--Harvard Business Review

"By far my favorite book among several good ones published in 2012. In addition to being an enjoyable and interesting read, Taleb's new book advances general understanding of how different systems operate, the great variation in how they respond to unthinkables, and how to make them more adaptable and agile. His systemic insights extend very well to company-specific operational issues--from ensuring that mistakes provide a learning process to the importance of ensuring sufficient transparency to the myriad of specific risk issues."--Mohamed El-Erian, CEO of PIMCO, Bloomberg

About the Author:

Nassim Nicholas Taleb has devoted his life to problems of uncertainty, probability, and knowledge. He spent nearly two decades as a businessman and quantitative trader before becoming a full-time philosophical essayist and academic researcher in 2006. Although he spends most of his time in the intense seclusion of his study, or as a flâneur meditating in cafés, he is currently Distinguished Professor of Risk Engineering at New York University's Polytechnic Institute. His main subject matter is "decision making under opacity"--that is, a map and a protocol on how we should live in a world we don't understand.

Taleb's books have been published in thirty-three languages.

About this edition

• Publisher: Random House
• Publication date: 2012
• ISBN 10: 1400067820
• ISBN 13: 9781400067824
• Binding: Hardcover
• Number of pages: 544