In the last seventy years regulating risks to health and safety dominated public policy debates. Lamentably, pursuit of improving our lives generally entails risks.
Contrary to the sentiment of moral do-gooders, living in a technologically advanced country that uses industrial chemicals, nuclear energy and a lot of carbon fuels is healthier than living in a poor, non-industrialized country that uses little technology, few chemicals and a minimum of carbon fuels.
Unfortunately, risks which cannot be prevented (earthquakes, tsunamis, hurricanes), happen. Sadly, those risks which can be prevented (multiple stimulus packages, overwhelming debt, printing money to pay for excessive debt), aren’t.
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