Showing posts with label Risk. Show all posts
Showing posts with label Risk. Show all posts

Sunday, 3 November 2013

Risk and Uncertainty

Risk greases the wheels of a free-market economy; uncertainty grinds them to a halt.

- Nate Silver (The Signal and the Noise)

Risk on livelihood

Human beings have an extraordinary capacity to ignore risks that threaten their livelihood, as though this will make them go away.

- Nate Silver (The Signal and the Noise)