Nassim Nicholas Taleb on the Precautionary Principle and Genetically Modified Organisms
EconTalk
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Exercise Precaution Principle in Local Form
Nuclear energy is very risky, itis probably riskier than anything else. But it can be managed using risk management picniques. Even if you only have a very small probability of harming, youknow that there's cause may be carven yet. Told ou onipisciple every day but exercise it in its local form. Mean, becomes a localo pecatin principle, exercise it before people board a plane.
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