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Thursday, January 31, 2013

Voices: "lunatics, lovers and poets"




Is there method in madness? 2 Mad men will help answer this question. They are not part of a TV show. But they are public figures. If I could host a dinner party and invite anyone living, these two would be on my list. And yet at first glance they seem to be antithetical figures. At least one of them is antifragile. Both think the world we live in is in desperate need of significant change. And both of them have recently told us how to do it.

Nassim Nicholas Taleb is mad about a lot of things. I have already pilfered the table of contents of  his book, Antifragile, on this site. This book is, by his own admission, his Magnum Opus. He describes it in many ways, but perhaps most importantly, at least for me, it is a series of personal essays. Each chapter approaches the topic of the antifragile. If you are not familiar with the term don’t feel bad. It is Taleb’s neologism for a state of being which exists to those few who are brave enough to live life embracing and growing from the inevitable and unpredictable shocks that will come our way.

These shocks, whether an earthquake or a plague, are going to happen. We just don’t know when. And so most of us pretend they will never happen. Taleb calls these events Black Swans. This term is actually from a philosophical investigation of how people assume things based on limited knowledge and, in some cases, willful blindness. In England, before ships sailed to Australia, there were, according to experts, only white swans. But down under there was a surprise. There they were. Taleb takes this bit of history and applies it to catastrophic events—the slings and arrows of outrageous fortune that we never saw coming.



If all this sounds like dinner table palaver instead of real world stuff, think again. Taleb made his voice heard to the hedge fund guys and bankers he worked between and among for many years. He was well ahead of almost all of them when he said a black swan was coming. And he was right. The smartest guys in the room who thought things were never going to change watched as the stocks dropped and some of the biggest banks and bank accounts disappeared from the face of the earth. After that, people really started to listen.

Or did they? Taleb made the transition to the academy-- the touted expert was brandished about like a trophy, while, at the same time, the academic departments sharpened their knives in hopes to Caesar him. In other words, Taleb found out that although there is little of great import that goes on in most academic departments in most colleges, the players act as if they are part of Shakespearian dramas. Much ado about nothing is what Taleb found. He equates the discourse of the university with the discourse of Stalinism. Strong words. Is he right? I would simply say read the book and see if you agree.



But what I have written so far is the appetizer  to the diet that Taleb suggests--both literally and figuratively. He sets out a tripartite distinction between models or templates of living. On the left hand column of attributes he groups the fragile. In the center, the robust, and on the right the antifragile. The book sets forth the ways in which people chose to live their lives under one of these rubrics. Since I have already posted the structure of the book I will instead take what might be his starting point for his Moses moment against civilization:

At no point in history have so many non-risk-takers, that is, those with no personal exposure, exerted so much control. The chief ethical rule is the following: Thou shalt not have antifragility at the expense of the fragility of others.

What does this mean and why is it important? Taleb advocates the antifragile position. To live in the antifragile means to embrace risk, to learn from failure and black swans, and to eschew any form of timid living that asserts that safety and preventative measures are the way to grow and live.



The area which most speaks to me in this respect is the world of academia. I would agree that in the current climate we are creating a generation of bright students who have been taught not to take risks. They are told in guidebooks to demonstrate passion when applying to college or jobs, but the passion that is put forward has been wrapped in a box marked fragile. Today, being a passionate learner means taking on an extraordinary load of tough courses and earning all As. For those who think that the road to success is an Ivy education this is the path they must take. They must prove that they can rise above anything that comes their way. And the can certainly never fail anything. And so too with activities and essays. What are often valued are the star-studded experiences that demonstrate skills of some sort: athletics, community service, or leadership. The higher the level of performance the better the chances of admission. For some, this might seem to be a useful recipe. While Taleb does not address what I am writing about directly I think what he would want to see more of is passion that has been burnished through the fires of failure and nurtured through the intellectual pursuits of the flaneur.

But these days, the game of life is now under a sword of Damocles (his image) which says: “Failure is not an option’”. For Both Taleb and for me, this is both misguided and simply antithetical to the world in which a black swan is always hovering above. Failure and shocks to the system are what allow us to learn. To see how accurate this is just look at the scientific method. Endless failed experiments are necessary for success. But we don’t teach that part of the equation much. Instead, we teach people to talk about unending success. And it is no wonder. For a person to become a professor today he or she must have had to go through the road of great academic achievement from grade school through the PhD.



They have had to keep themselves in line and to keep themselves in the network of others who are like-minded. The likes of troublemakers shouting out incendiary critiques to others is anathema in the academy. Instead, the universities are constantly reminded to ‘do no harm’. But harm happens anyway. That is Taleb’s point. But the risk management teams of colleges and universities try to make sure that every student at a selective school graduates, that teachers give positive feedback even in cases when students don’t do up to snuff work (I take this last point from a teacher at an Ivy who critiques the handbook which specifically directs them to be nice and supportive no matter what). If I had to cite a literary scene which encapsulates the changes in the academic world in the previous generation or two it would be the speech given by the University President near the end of Philip Roth’s wonderful book, Indignation. In a speech to the entire assembled student body, the President reaches deeply into his store of rhetoric to rip them to shreds. I won’t go into the reasons why he does so. In this day and age, it would be impossible for any President to give such a speech. I think for many people they would assert this is for the better. But not for Taleb and not for the reviewers of Roth’s book who call for it to be mandatory reading of students entering college.



Taleb’s tone has always been that of a guy who knows he is the or at least one of the smartest guys in he room. For some this will be off-putting. For those who have read the harangues of Old Testament prophets, or as Taleb himself might prefer, the acerbic and devastating utterances of Seneca, they will find an echo. But in an irony that is too good for me not to mention, I hear the voice of another man obsessed with the inanities of the professoriate, of the political compromises that cost lives, and especially of a failed economic strategy. Ezra Pound. Pound kept going deeper into these obsessions until he lost sight of his epic poetic intentions and became a jabbering anti-Semite instead. He ended his life in failure and silence. I hope that Taleb will take his anger and intellect to promote the other poet who he sometimes calls to my mind: Walt Whitman, the poet who finds in his ease the education of the imagination and the passion for his fellow men.



Tomorrow I will bookend this entry with a review of the work of another mad man. He actually describes himself as an idiot. And yet there are a considerable number of people who think he is the greatest philosopher ceaselessly writing and speaking today.







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