Pascal’s Market

The metaphor of risk management uses financial incentives to empower our nobler epistemic instincts.

While the metaphor of Facts excuses us from the responsibility of exercising personal judgment, the metaphor of risk management uses financial incentives to empower our nobler epistemic instincts to overcome our lazier ones.

... The employment of gree

Taleb’s notion of rationality-as-risk-management liberates “rationality” from conflicting sets of rhetorical expectations, and replaces them with a common set of market incentives .

Market incentives create the kind of consensus the information age demands, and also the kind of people who can tolerate it .