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What Made Classical Greece Special? Interview with Professor Josiah Ober
Tides of History
Balancing Value and Risk in Decision Making
In Plato's Republic, Socrates discusses the training of young children in the ways of war, proposing that children should observe battles in an ideal state. To address the risk of potential harm to the children, Socrates suggests that experts assess battle risk and mount children on fast horses for escape. This illustrates the concept of managing risks by investing in insurance, highlighting the importance of balancing the value of learning experiences against potential risks when making decisions.
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