Episode details

World Service,19 Dec 2012,18 mins
Of cats and washing machines - Nassim Taleb's "Antifragile"
Business DailyAvailable for over a year
Nassim Taleb is famous as the scourge of economists, statisticians and bankers. This former trader turned writer forecast the banking collapse in his bestselling book The Black Swan. He also made a fortune betting it would happen. Now he's written a new book, Antifragile, which he says is a guide to life in this uncertain world. He tells us why beheading worked for the Babylonians, why jogging is bad for you and why a cat is different from a washing machine. Plus leading British businessman John Moulton on why it would be good for the economy if more companies went bankrupt.
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