SKIN IN THE GAME by Nassim Nicholas Taleb

The central idea of Skin in the game by Nicholas Taleb is to require decision makers to be held responsible for the possible downsides of their decisions just as much as they gain from their possible upsides.
In other words, don't expose others to risk/potential harm unless you are also directly or indirectly exposed.
A few examples that could fit nicely in this scenario would be heath insurance or war interventions. If our leaders would be personally affected by the spike in health insurance or if they had to lead an army themselves, they might have been less interested in taking these decisions in the first place.
I found this book insightful and full of smart, logical reasoning told in an engaging and easy to understand way.
I’ve finished the book with a big smile on my face reading the following lines:

“No muscles without strength, friendship without trust, opinion without consequence, change without aesthetics, age without values, life without effort, water without thirst, food without nourishment, love without sacrifice, power without fairness, facts without rigor, statistics without logic, mathematics without proof, teaching without experience, politeness without warmth, values without embodiment, degrees without erudition, militarism without fortitude, progress without civilization, friendship without investment, virtue without risk, probability without ergodicity, wealth without exposure, complication without depth, fluency without content, decision without asymmetry, science without skepticism, religion without tolerance, and, most of all: nothing without skin in the game.”

“The curse of modernity is that we are increasingly populated by a class of people who are better at explaining than understanding, or better at explaining than doing.”