Hoboken recently added a shaded covering to a children’s playground. CREDIT
The following is a Guest Post by Andrew Price:
At Strong Towns, we talk a lot about making small incremental improvements rather than always looking for the next mega-project. Why? Because everything we do has some a risk, and it is foolish to think otherwise. If Nassim Taleb teaches us anything, it is that we are more robust (and even anti fragile, if we are able to learn from our mistakes) when we have a pool of money to make many smaller bets with than a few larger bets. Rather than going double or nothing on one large megaproject, we should be making many smaller bets, where we can handle the fallout or undo what we did with little penalty if an individual bet goes south.