There's a limit as to how much I rely on baseball/political prognosticators for macroeconomic analysis. That said... I think he's aiming our attention at the

There's a limit as to how much I rely on baseball/political prognosticators for macroeconomic analysis. That said... I think he's aiming our attention at the irrational processes by which we as a society direct our attention. Long-term possibilities are the headlined item. He also mentions our tendency to neglect low-probability (but high-impact) concerns. And of course that means "perceived as low-probability." Those responsible for the reliability of less-macro systems like hard drives, servers, and networks have learned to have backup plans B, C, D... in place. Political and social processes, however, tend to be funded only for the best-publicized (usually the most recent) scares. Would you allow your IT department be as fault-tolerant as the SEC or other federal oversight agencies?