Tag Archives: cost benefit

Risky Business: Part 2

Yesterday (Part 1), we discussed  why we need risk assessment- and alluded to why we fail this process.  We really do not understand risk, at all. The chance that a nuclear reactor will experience catastrophic failure in any given year … Continue reading

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Risky Business: How we perceive risk- and how we must do MUCH better (part 1)

I said I was going to discuss risk last week; today seems like the perfect day to do so. Yesterday was the anniversary of the (almost) Iranian Revolution. The younger generation (about ½ of all Iranian citizens) were dismayed at … Continue reading

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