Episode 199: A Game of Risk

Many people’s misunderstandings about disparate subjects like insurance, profits, and financial speculators have their roots in a single source - a misunderstanding of risk. One of the most important discoveries that gave rise to our technologically advanced world is how to turn risk into a commodity that can be bought and sold.

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Quick Hits
Social Security race gap

https://www.cdc.gov/nchs/data/hus/2017/015.pdf

One-third of NJ businesses close

https://thehill.com/homenews/state-watch/527901-almost-one-third-of-small-businesses-in-new-jersey-have-have-closed

Foolishness of the Week

Trump claims FBI rigged the election

https://www.thedailybeast.com/trump-baselessly-suggests-fbi-rigged-election-against-him-in-first-post-election-interview

Topic of the Week: Misunderstanding of Risk

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