EMC: Abstract: Are We Scaring Ourselves to Death?, Part 2: Why the Increased Fear of Risk*

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Are We Scaring Ourselves to Death?, Part 2: Why the Increased Fear of Risk*

• 1999 ----- color ----- 17 min ----- vhs
• (Stossel in the Classroom series, Part 5) John Stossel discusses the basic principles of economic theory and risk analysis as they relate to risk perceptions. Perception is often disconnected from reality. When public policy is based on inaccurate public information, the costs of risk reduciton become extraordinarily large. Addresses the issues of advocacy science and "headline hysteria" and their relationship to crime and punishment. This risk of crime and other harms have been declining. However, the way information gets transmitted through the media often skews perceptions away from real but mundane risks toward an over-emphasis on phantom risks. (Reference materials are available upon request at the time of booking) (Restricted to use on University of Washington campuses only)
• Topics: (Business Administration, Business Finance, Economics)

		Educational Media Collection risimiki@u.washington.edu Modified: January 11, 2007