Bryan Caplan

From his notes on visiting Europe:

When I taught my German students Kuran and Sunstein’s availability cascades model, I used terrorism as a prime example.  Over a thousand people are murdered on Earth on an average day.  Every death is a tragedy, but there’s no good reason to treat the small minority of terrorist murders as disproportionately important or revealing, except in the trivial sense than countries overreact to terrorism.  I know this is an unpopular view, especially after a major attack, but I love numeracy more than popularity.


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