Word: posner
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Dates: during 2000-2009
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...Posner’s credit, Catastrophe does anticipate Gabrielse’s counter-argument. Posner writes that “a cosmic ray hitting a fixed target such as the moon will tend to scatter the nuclei that it hits, making it less likely that they will clump”—and thus produce strange matter—“than if the collision were head on,” as it would be inside RHIC. So, the fact that the moon has existed for 4.5 billion years without condensing into a tiny ball does not necessarily...
...Here, Posner turns to North Harvard Yard—and specifically, to Cogan Professor of Law and Economics W. Kip Viscusi...
...quite, Posner explains...
...Posner notes, it would take quite a large wad of cash—perhaps many billions of dollars—to convince most of us to engage in a round of Russian roulette, where the probability of death...
...some point, we are unwilling to pay any more money for a slightly better safety belt. That doesn’t mean we place zero value on our lives. But ultimately, Posner writes, “the difficulty…that people have in grasping miniscule probabilities would cause them to ignore the risk completely and thus demand zero compensation for bearing...