Preparing for the future: should we be precautionary or proactionary?

Summary: We face so many shockwaves -- potentially high-impact events, usually estimated at low probability over years or decades (global warming being the exception). How do we assess the danger and decide how much of our scarce resources to allocate for prevention and mitigation of each? Today we look at two ways to assess these … Continue reading Preparing for the future: should we be precautionary or proactionary?