The Slippery Slope from Fear to Panic

Here’s a terrific article from Jane Brody of the New York Times on overreacting to things we can’t control or are a minimal threat to us. She quotes British statistician Stuart Briscoe, “…there are serious emotional, social and economic costs to panic,” Mr. Briscoe, a London-based economist for The Financial Times, said in an interview. “We’d be a lot happier if we insisted that people prove their case before making dire pronouncements. We shouldn’t be wasting time worrying about a lot of stupid things,” and should focus instead on hazards we can do something about.

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