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Tag Archives: risk
The Politics and Economics of Dealing Drugs, Part II
Planet Money interviews “Freeway” Rick Ross, a former high-level drug dealer in LA. This interview offers another perspective on the drug business from the one we saw on Monday. The basics: PM: How much of the cost of the drug … Continue reading
How Do We Define Risk?
Statistics are famous for their pliability, as anyone who has heard of Mark Twain will attest. Proponents on either side of a policy position often have”hard numbers” to support their view. When costs or benefits are uncertain, there must be … Continue reading
Posted in Uncategorized
Tagged behavior, ethical statistics, ethics, politics, probability, rationality, risk, security, statistics, terrorism
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