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my doctor is taking a risk with my life...to make money....
Ok this one I have to ask....how?
I go in for my 6 month check up....I'm good i'm out!
He's not telling me to take these hand full of pills because he gets a kick back from the pill makers...
The article states, we can't prosecute bad actors who cause global melt downs.
But we can do is reduce the collective reward associated with collective risk taking.
It’s like this. Say truck drivers didn’t have to follow the speed limit and they were killing folks every now and then.
But truck drivers were incentivized to drive fast from point A to point B. The faster they drove the more money they would make which would also mean the more risk there existed on the open road.
Well enough people have died and now we are going to make the truck drivers follow the speed limit….ie reducing the bonus structure so as to reduce the risk to the rest of us caused by their risky actions. And if things go do wrong, which they may….the resulting accident won’t be as bad.
Or would you like us to impose the death penalty on those who take extraordinary risk to obtain extraordinary bonuses when those risks fail?
I like option 2 better...it makes for better TV.
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