the.com/risk reduction
you cannot make the monster disappear, so you settle for making it smaller and slower.
means the deliberate practice of lowering the probability or severity of harm without necessarily eliminating the hazard itself.
from emerged as a formal discipline from mid-20th century insurance actuaries and cold war systems engineers who realized zero-risk was a fantasy, so they built math around acceptable losses instead.
vs eliminationreduction accepts danger stays, just shrinks it
core toolthe hierarchy: eliminate, substitute, engineer, then behavior
diminishing returnslast 10 percent of risk costs the most
harm reduction kinneedle exchanges reduce risk, not drug use
for instance
seatbelts 1968 — us law cut crash fatalities nearly 50 percent
needle exchange programs — cut hiv transmission among users by roughly 50 percent
nuclear reactor containment — domes contain meltdowns instead of preventing them entirely
bank capital requirements — basel iii buffers absorb shocks after 2008 collapse