Skin in the Game: Hidden Asymmetries in Daily Life (acronymed: SITG) is a 2018 nonfiction book by Nassim Nicholas Taleb, a former options trader with a background in the mathematics of probability and statistics.
[1] The book is part of Taleb's multi-volume philosophical essay on uncertainty, titled the Incerto, which also includes Fooled by Randomness (2001), The Black Swan (2007–2010), The Bed of Procrustes (2010–2016), and Antifragile (2012).
Intellectual Yet Idiot (IYI) is a term coined by Taleb in his essay by the same name that refers to the semi-intelligent well-pedigreed "who are telling us 1) what to do, 2) what to eat, 3) how to speak, 4) how to think... and 5) who to vote for".
"[8] Gingrich has mentioned the term in interviews and speeches since then[9][10][11] and has included in his book Understanding Trump a chapter called "The Rise of the IYI".
Michael Bonner writes: "Observers who are interested in, or baffled by, the Christological debates of the first five hundred years of Christianity may be shocked by Taleb's explanation for the Church's insistence upon the full humanity of Jesus.
The short answer is that it was essential for God to have—literally—skin in the game, and that Christ's full participation in crucifixion, self-sacrifice, and death made him the archetypal risk-taker.
"[18] Economist Branko Milanović wrote that Taleb has created "a full system that goes from empirics to ethics, a thing which is exceedingly rare in modern world.
[20] The Guardian published an ambivalent review, noting that Taleb's "combination of fearlessness, self-belief and immodesty adds up to charisma on the page" but that "every idea that sounds as if it might work in the abstract fails in the particular".
[21] Taleb responded with a list of the flaws and "reading comprehension" in the reviews in The Economist and The Guardian (claiming that journalists have an agency problem with subjects criticizing their profession for lack of skin of the game).