Mrs Micah asked what’s wrong with being middle class focusing on not working enjoyable but not too stressful jobs and still having the time and money to live comfortably. Lazyman talked about the upper limit of trading time for money and made some comments about the poor choice of working overtime just to buy unsatisfying [...]
Cavalcade of Risk #49
Published in April 9th, 2008
In reality, what happens happens. However, once an observer or an agent is introduced, the agent will try to model, mold, or change reality. Any modeling or molding of reality has known-knowns, known-unknows, unknown-knowns, and unknown-unknowns (Read more here). Known-knowns follow from certitude. Unknown-knowns follow from incompetence. Risk deals with uncertainty in the form of [...]
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