Risk is cost we can't measure because it would require the ability to predict what we cannot. Rents are profits that aren't really profits. The thing to do is

Risk is cost we can't measure because it would require the ability to predict what we cannot. Rents are profits that aren't really profits. The thing to do is be open, transparent and honest about risk and rents. But at our core, we're all liars when the stakes get high. The math is also error prone. Remember the political climate those old GE nuke plants were built under - "too cheap to meter" and run by people like Leslie Groves who had infought enough to be at the top of the heap. there was this strange, willful naievete. "Making those industries transparent and honest" seems impossible.