The Risk-Monger understands that his articles can be long and he often includes a special lexicon with novel vocabulary to develop his ideas. Concerning two related articles, I was asked to just republish several key points so it can be more widely read and understood how the precautionary COVID-19 lockdowns were not risk management at all, but rather a result of the failure and incapacity of western risk managers. It is urgent to understand how ill-prepared our risk managers have been as we are falling into deeper, more serious crises including famines, a deep economic depression and supply chain collapse. It is urgent to understand how we need to stop the activists demanding even more precaution and more lost social benefits in the post-COVID-19 world.
How the Precautionary Principle works
While there are many definitions of the precautionary principle, its most common expression today claims that a practice, substance…
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