I posted this little gem as a reply over at Bastion of Liberty, but it bears repeating.

Yesterday, heading back to work from lunch at a Tex-Mex chain, a friend of mine expressed incredulity at the notion that people still fly little single-engined Cessnas around. The things have a terrible safety record. Two of them crashed around here in the last few months.

I responded that the Wright Brothers took their leap into powered flight on a haphazardly constructed, untested airframe constructed from used bicycle parts.

Risk, today, has become a dirty word, a thing to be avoided at all cost. Nearly 50% of people in America are on some form of government assistance, because they cannot dream of standing on their own. They cannot imagine life without a safety net. It’s too risky. They might not make it on their own. The plane could crash down.

But all that dead weight is, itself, a risk. It is a much greater risk than that of mere individual failure.

If you haven’t already, give Nassiim Nicholas Taleb’s book, Antifragile: Things That Gain from Disorder, a try. I found it remarkably insightful about matters of risk.

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