risk
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Insurance experts rank climate change as top risk for 2019
A survey of professional actuaries ranked it higher than cyber crimes, terrorism, or financial insecurity.
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Americans love genetically modified mosquitoes much more than other GMOs
Why do Americans embrace some GMOs but reject others?
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Want people to get on board with a shift to clean energy? Shield them from economic insecurity
Some risks are more immediate than others.Photo: A SynYesterday I ran across a pair of posts that got me thinking about risk and resilience. (Confession: Almost everything these days makes me think about risk and resilience.) First there’s this extremely smart piece from economist Jason Scorse. It makes an argument that I wish had gotten […]
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The U.S. government is an insurance conglomerate and it should insure against climate change too
Photo: David HilowitzMainstream economic modeling isn’t very good at incorporating the more severe risks of climate change, as I mentioned last week. The low-probability, high-impact possibilities that show up in the “long tail” of probability distribution — collapsing ice sheets, massive methane emissions from the permafrost — just completely short-circuit conventional models. As a result, […]