"Ten Principles for a Black Swan-Proof World"

Nassim Taleb says his Ten principles for a Black Swan-proof world can make "economic life closer to our biological environment: smaller companies, richer ecology, no leverage. A world in which entrepreneurs, not bankers, take the risks and companies are born and die every day without making the news. In other words, a place more resistant to black swans." Some examples:

2. No socialisation of losses and privatisation of gains. ...

3. People who were driving a school bus blindfolded (and crashed it) should never be given a new bus. ...

4. Do not let someone making an “incentive” bonus manage a nuclear plant – or your financial risks. ...

6. Do not give children sticks of dynamite, even if they come with a warning . ...

8. Do not give an addict more drugs if he has withdrawal pains. ...