Skin in the Game Book by Nassim Nicholas Taleb

Taleb argues that true knowledge, fairness, and risk management require "skin in the game"—having personal exposure to the consequences of one’s decisions. He critiques systems where decision-makers face no downside (e.g., bankers, politicians, academics), creating hidden asymmetries where others bear the risks. The book blends philosophy, ethics, and practical examples to show that responsibility, accountability, and risk-sharing are essential for justice and stability in society.