Simple Complexity | The Minority Rule By Nassim Taleb

πŸŽ™οΈ Listen To This As A Podcast ‘Nassim Taleb & Incerto Podcast

The minority rule is the notion that a small but intransigent minority, say 3-4%, can dominate an entire population, the remaining 96%, and have them submit to their preferences.

And so, and the best way to understand Taleb’s ideas from ‘The Incerto‘, here are some easily accessible examples.

Most soft drinks are kosher, despite a less than 3-4% minority insisting on it. Aeroplanes and schools are mostly peanut-free, despite the majority being completely non-allergenic. The majority of meat in the UK is halal, despite only the minority of the population insisting it be so. The spread of automatic transmission over manual cars, extreme right and left political minorities outperforming their actual base, and why English is spoken in a boardroom where typically it is the extreme minority who only speak English.

Riddles With Asymmetry | The Minority Rule

There is asymmetry inherent to the minority rule. The minority rule explains these events where the small minority is inflexible while the large majority, those that are left, are indifferently flexible. Given this dichotomy, it is so that the typical common denominator is to submit to the minorities will.

To directly quote Taleb from Skin In The Game

A Kosher (or halal) eater will never eat nonkosher (or nonhalal) food , but a nonkosher eater isn’t banned from eating kosher.

A disabled person will not use the regular bathroom but a nondisabled person will use the bathroom for disabled people.

Another case of Taleb diluting into simplicity, something which otherwise would have been explained through complexity.

Cheers Taleb – keep up the unreal work. Check out my podcast dear reader.

πŸŽ™οΈ Listen To This As A Podcast ‘Nassim Taleb & Incerto Podcast

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