Social responsibilities and risk taking justify the precautionary principle?

Research shows that when I play and it means a risk for others, I play more conservatively and risk averse. No big surprise.

Risk averseiveness though, taken to its extreme, is the problem of zero tolerance, the precautionary principle approach–no risk is acceptable. However, there is risk in rejecting risk or excessive risk averse behavior, isn’t there? –ahaaa, there’s the rub–Bastiat says all acts have consequences, some unintended, question is, does failing to act have consequences? Why, of course.


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