There's a playground in the Netherlands made of discarded shipping pallets and construction debris. Rusty nails stick out everywhere. Little kids climb on it with hammers, connecting random pieces together. One false step and you're slicing an artery or losing an eye. There's barely any adult supervision. Parents don't hover. Nobody signs waivers. American visitors … Continue reading The Fuck You Level: Why Americans Can’t Take Risks Anymore
Tag: risk
Flood Factor
"Find your home's Flood FactorPast floods, current risks, and future projections based on peer-reviewed research from the world’s leading flood modelers."-Flood Factor For more detail, read the ProPublica article.
Tail-End Consequences
"...there are three distinct sides of risk:* The odds you will get hit.* The average consequences of getting hit.* The tail-end consequences of getting hit. ...tail-end consequences – the low-probability, high-impact events – are all that matter.In investing, the average consequences of risk make up most of the daily news headlines. But the tail-end consequences … Continue reading Tail-End Consequences
The Resulting Fallacy Is Ruining Your Decisions – Issue 55: Trust – Nautilus
"In life, it’s usually even more complicated because in most real decisions we haven’t examined the coin. We don’t know if it is a fair coin, if it has two sides with a heads and tails on it and is weighted properly. That’s the hidden information problem. We can’t see everything. We haven’t experienced everything. … Continue reading The Resulting Fallacy Is Ruining Your Decisions – Issue 55: Trust – Nautilus
Imagined Possibilities & One Bad Storm
"Docility no longer emanates from priestly magic, it results from a mass of minor hypnoses: news, culture, town-planning, publicity, mechanisms of conditioning and suggestion in the service of any order, established or to come."—Raoul Vaneigem, "The Revolution of Everyday Life." Oakland, California: PM Press, 2012. I was reading an article in The Guardian on the problem … Continue reading Imagined Possibilities & One Bad Storm
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