A not-quite-new possibilities problem: balancing a desire to minimize risk with minimizing just about anything else. I’ve been trying to find examples that don’t involve all involve insurance. I’m teaching economics on Substack, to the best of my ability, and the problem of minimizing risk (China’s no-COVID policy) with minimizing other disruptions is one that sits on the back burner. Thanks for this insightful post.
A not-quite-new possibilities problem: balancing a desire to minimize risk with minimizing just about anything else. I’ve been trying to find examples that don’t involve all involve insurance. I’m teaching economics on Substack, to the best of my ability, and the problem of minimizing risk (China’s no-COVID policy) with minimizing other disruptions is one that sits on the back burner. Thanks for this insightful post.