Sunstein on Worst-case Scenarios

Cass Sunstein of the University of Chicago talks about the ideas in his latest book, Worst-Case Scenarios. How should individuals and societies cope with low-probability events with potentially catastrophic consequences? In this conversation with EconTalk host Russ Roberts, Sunstein discusses the uselessness of the precautionary principle as a guide to behavior and the psychological challenges we all face in coping with uncertain, risky events. He also speculates why we have chosen politically to treat terrorism and global warming so differently.

You can listen to Sunstein on Worst-case Scenarios online on Radio and Podcast. Open the player on this page to stream the available audio.

Sunstein on Worst-case Scenarios is an episode from EconTalk Archives, 2007 by Library of Economics and Liberty.

This episode is 1:04:36 long.

This episode was published on Nov 19, 2007.

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