3 ms·
Sorry in advance that this going a little off topic (though, I would argue it's somewhat pertinent given the historically notable scientific illiteracy in the E
by throwaway5752 12y ago
Sorry in advance that this going a little off topic (though, I would argue it's somewhat pertinent given the historically notable scientific illiteracy in the Ebola coverage/public response). This is a political site, but the author is an expert in healthcare policy: http://www.balloon-juice.com/2014/10/17/resiliency-is-not-efficient/ http://www.balloon-juice.com/2014/10/17/resiliency-is-not-ef...
I tend to agree with you and him on the topic that capitalism as practiced in the US currently is a quarter-to-quarter exercise. It doesn't disincentive externalized and systemic risks enough.
- hga 12y agoBleah. The author ignores the very real opportunity costs in preparing "too much" for low probability events.