> Such empty discourse absent of falsifiable statements is more damaging to our society than a glass of wine ever could be. Hear, hear. Ah, make the most

> Such empty discourse absent of falsifiable statements is more damaging to our society than a glass of wine ever could be. Hear, hear. Ah, make the most of what we yet may spend, Before we too into the Dust Descend; Dust into Dust, and under Dust, to lie, Sans Wine, sans Song, sans Singer and—sans End! The textbook I used when I was teaching "Economics of Regulation"[1] emphasizes the fact that trying to drive individual risks to zero (acting, in the process, as if there is never a cost to trying to reduce risk) is a fool's errand. Viscusi's "Pricing Lives"[2] is a great work. "VSL (value of a statistical life) is the risk-reward trade-off that people make about their health when considering risky job choices." Once you understand that, you understand how one ought to reason about whether one policy is better than another. Once you understand that, you come to the realization that the actual policies implemented bear no resemblance to the policies that ought to have been implemented in light of a rational cost-benefit calculation. [1]: https://mitpress.mit.edu/books/economics-regulation-and-antitrust-fifth-edition https://mitpress.mit.edu/books/economics-regulation-and-anti... [2]: https://press.princeton.edu/books/paperback/9780691208596/pricing-lives https://press.princeton.edu/books/paperback/9780691208596/pr...