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It's infuriating that a faction of Tea Partiers is causing such instability Why is growth not considered a form of instability? Just curious, last time I looke
by 001sky 13y ago
It's infuriating that a faction of Tea Partiers is causing such instability
Why is growth not considered a form of instability? Just curious, last time I looked risk and volatility were agnostic to direction.
- icambron 13y agoRisk is very explicitly directional. E.g. Wikipedia has it as: > Risk is the potential of loss (an undesirable outcome, however not necessarily so) resulting from a given action, activity and/or inaction When was the last time you checked?
- 001sky 13y agoInstability is volatility (sigma). check it out. http://answers.yahoo.com/question/index?qid=20100630193942AABsy3C http://answers.yahoo.com/question/index?qid=20100630193942AA...
- icambron 13y agoI didn't even mention volatility or stability. I was challenging your assertion that risk was agnostic to direction. It is not.
- 001sky 13y agoTry this refresher on Risk and Uncertainty http://economistsview.typepad.com/economistsview/2010/06/risk-versus-uncertainty.html http://economistsview.typepad.com/economistsview/2010/06/ris...
- wpietri 13y agoSteady growth is the expected economic baseline. Wild swings in growth, both positive and negative, cause instability. Instability also reduces long-term growth, because the harder it is to predict what will happen, the less people invest.
- dinkumthinkum 13y agoI don't want to be mean but this is about the worst HN pedantry I could imagine.