One thing you really see every day is the different risk appetites between MAGA-era Republicans and Democrats. Basically compulsive, reckless, dangerous constant risk-seeking, versus almost comical levels of risk-aversion.
March 12, 2025 at 4:46 PM
One thing you really see every day is the different risk appetites between MAGA-era Republicans and Democrats. Basically compulsive, reckless, dangerous constant risk-seeking, versus almost comical levels of risk-aversion.
a thought i’ll put out there: it is not the ideological moderation that is the electoral problem, it is that selecting for candidates who chase popular issue positions is necessarily selecting for candidates who exude the kind of focused-group affect that voters genuinely hate
March 14, 2025 at 4:32 PM
Regarding munitions: The thing is, the US has plenty of munitions. Just not the high level standoff ones. Those are meant to hit high value targets then allow planes with cheaper munitions to come in. But he’s risk averse and only using the top level stuff for EVERY target.
Is risk aversion
Is risk aversion
July 26, 2026 at 2:27 PM
Regarding munitions: The thing is, the US has plenty of munitions. Just not the high level standoff ones. Those are meant to hit high value targets then allow planes with cheaper munitions to come in. But he’s risk averse and only using the top level stuff for EVERY target.
Is risk aversion
Is risk aversion
Sen Gary Peters is in his own way the biggest embarrassment of the lot. He’s been a leader of Team Cave and he’s retiring. So there’s no politics or risk aversion. He wants to cave as a matter of genuine principle.
November 10, 2025 at 1:39 AM
Sen Gary Peters is in his own way the biggest embarrassment of the lot. He’s been a leader of Team Cave and he’s retiring. So there’s no politics or risk aversion. He wants to cave as a matter of genuine principle.
(never shading the artists btw, there's always studio exec risk aversion nonsense which makes these shows look like this)
October 6, 2026 at 4:13 PM
(never shading the artists btw, there's always studio exec risk aversion nonsense which makes these shows look like this)
you figured out expected values, you didn’t figure out risk aversion and risk acceptance
July 23, 2026 at 3:29 PM
you figured out expected values, you didn’t figure out risk aversion and risk acceptance
Apart from the non-American-made drones and the obvious issue of Hegseth looking fucking stupid… Shouldn’t a core part of the mission of the Department of Defense be risk aversion?
Trump regime official, and alcoholic, Pete Hegseth created a propaganda video touting "US products" while displaying Chinese made drones which he proceeded to attempt to pass off as "American made".
July 11, 2025 at 5:11 PM
Apart from the non-American-made drones and the obvious issue of Hegseth looking fucking stupid… Shouldn’t a core part of the mission of the Department of Defense be risk aversion?
pure risk aversion and cowardice. there’s nothing they fear more than being outside the tent
March 1, 2025 at 8:40 PM
pure risk aversion and cowardice. there’s nothing they fear more than being outside the tent
After everything Wisconsin Dems have been through over the last 15 years....a lot of risk aversion there.
August 12, 2026 at 12:34 PM
After everything Wisconsin Dems have been through over the last 15 years....a lot of risk aversion there.
All correct points. Important to understand that this is 100% self inflicted. Intentionally stoking inflation out of some weirdo tough guy need to impose tariffs, and create wildly high levels of uncertainty/risk aversion.
“The stars are aligned for a late monetary policy response."
Rising prices with slowing growth is a helluva problem for a central bank, which has to choose whether to focus on fighting inflation by keeping policy tight or on weakening labor markets by cutting.
www.wsj.com/economy/trad...
Rising prices with slowing growth is a helluva problem for a central bank, which has to choose whether to focus on fighting inflation by keeping policy tight or on weakening labor markets by cutting.
www.wsj.com/economy/trad...
The Two-Headed Monster Stalking the Economy Has a Name: Stagflation
Tariffs have stoked fears of a dreary combination of weak growth and inflation.
www.wsj.com
March 5, 2025 at 12:56 PM
All correct points. Important to understand that this is 100% self inflicted. Intentionally stoking inflation out of some weirdo tough guy need to impose tariffs, and create wildly high levels of uncertainty/risk aversion.
"The resistance" by Heather Marsh
"The US needs to decommission their killionaire oligarchs before everything they know and love is destroyed. The extreme aversion to any kind of risk being seen in the US right now is perverse when the biggest risk lies in sitting still." #bindingchaos
"The US needs to decommission their killionaire oligarchs before everything they know and love is destroyed. The extreme aversion to any kind of risk being seen in the US right now is perverse when the biggest risk lies in sitting still." #bindingchaos
The resistance | Binding Chaos
Get more from Binding Chaos on Patreon
www.patreon.com
December 30, 2024 at 4:02 AM
"The resistance" by Heather Marsh
"The US needs to decommission their killionaire oligarchs before everything they know and love is destroyed. The extreme aversion to any kind of risk being seen in the US right now is perverse when the biggest risk lies in sitting still." #bindingchaos
"The US needs to decommission their killionaire oligarchs before everything they know and love is destroyed. The extreme aversion to any kind of risk being seen in the US right now is perverse when the biggest risk lies in sitting still." #bindingchaos
one party is effectively run by 20-something edgelords so the lack of risk aversion tracks
March 12, 2025 at 4:49 PM
one party is effectively run by 20-something edgelords so the lack of risk aversion tracks
The American economy isn’t built to think - it’s built to comply. Risk aversion is reshaping our politics, our education system, and our global standing. We’re raising a generation that’s optimized for survival, not innovation - and it’s costing us everything. kyla.substack.com/p/compliance...
Compliance is the New American Dream
How risk aversion has shaped our schools, our government, and our global standing
kyla.substack.com
April 16, 2025 at 2:38 PM
The American economy isn’t built to think - it’s built to comply. Risk aversion is reshaping our politics, our education system, and our global standing. We’re raising a generation that’s optimized for survival, not innovation - and it’s costing us everything. kyla.substack.com/p/compliance...
This is like saying it’s rational to withdraw your money from your retirement account and put it in a jar under your bed, except worse. Technically that’s risk aversion, yes, but there is a point where risk aversion becomes basically irrational.
Setting aside payday loans, taking $50K in the original example is rational, if your goal is to minimize risk.
And that's a valid goal! Once you're old enough, a good financial advisor will advise you to sacrifice some of the expected value in your retirement portfolio purely to lower risk.
And that's a valid goal! Once you're old enough, a good financial advisor will advise you to sacrifice some of the expected value in your retirement portfolio purely to lower risk.
July 24, 2026 at 4:27 PM
This is like saying it’s rational to withdraw your money from your retirement account and put it in a jar under your bed, except worse. Technically that’s risk aversion, yes, but there is a point where risk aversion becomes basically irrational.
important to note that tariffs have their direct effects and then this kind of erratic clown show also throws a pall of uncertainty and risk aversion over the whole economy. that doesn't stop when the mood stabilizer kicks in.
BREAKING: US Commerce Secretary Lutnick has said: Trump may roll back Canada and Mexico tariffs tomorrow
March 4, 2025 at 11:18 PM
important to note that tariffs have their direct effects and then this kind of erratic clown show also throws a pall of uncertainty and risk aversion over the whole economy. that doesn't stop when the mood stabilizer kicks in.
Risk aversion can pretty quickly drift towards blindness to reality
November 9, 2025 at 9:36 PM
Risk aversion can pretty quickly drift towards blindness to reality
Some of the most important lottery anomalies from the behavioral risk literature (e.g., probability weighting and loss aversion) actually have nothing to do with risk.
They also arise in perfectly deterministic settings.
Lead article in the latest AER issue:
www.aeaweb.org/articles?id=...
November 27, 2024 at 3:33 PM
Some of the most important lottery anomalies from the behavioral risk literature (e.g., probability weighting and loss aversion) actually have nothing to do with risk.
They also arise in perfectly deterministic settings.
Lead article in the latest AER issue:
www.aeaweb.org/articles?id=...
I get why the Dems are solidifying the ticket on August 7; I actually think risk aversion when running against insurrectionists is merited.
But damn, I'm enjoying the VP auditions.
But damn, I'm enjoying the VP auditions.
July 26, 2024 at 2:05 PM
I get why the Dems are solidifying the ticket on August 7; I actually think risk aversion when running against insurrectionists is merited.
But damn, I'm enjoying the VP auditions.
But damn, I'm enjoying the VP auditions.
yeah racism and there's a special kind of political risk aversion that actually inflates risk
February 22, 2025 at 9:00 PM
yeah racism and there's a special kind of political risk aversion that actually inflates risk
A recurrent theme throughout this war has been that Western decision-makers, driven by inherent risk aversion, are being pushed ever closer to a position where they will sooner or later have to accept tremendous risks to avert Ukrainian defeat and its catastrophic consequences.
July 7, 2025 at 10:05 AM
A recurrent theme throughout this war has been that Western decision-makers, driven by inherent risk aversion, are being pushed ever closer to a position where they will sooner or later have to accept tremendous risks to avert Ukrainian defeat and its catastrophic consequences.
it's not a rational assessment of the President's credibility, it's a function of risk aversion and portfolio constraints (specifically, an inability to stomach large losses and to a lesser extent light liquidity across all these markets)
March 24, 2026 at 8:35 PM
it's not a rational assessment of the President's credibility, it's a function of risk aversion and portfolio constraints (specifically, an inability to stomach large losses and to a lesser extent light liquidity across all these markets)
Right, extreme risk aversion is really really easy for repeat players to exploit
July 24, 2026 at 4:01 AM
Right, extreme risk aversion is really really easy for repeat players to exploit
The amount of risk aversion in Toronto is going to kill it
April 24, 2026 at 11:04 AM
The amount of risk aversion in Toronto is going to kill it
Top 5 most embarrassing profession of all time. There's risk aversion, and there's fully bending and spreading to fascist fucks.
May 16, 2026 at 1:14 AM
Top 5 most embarrassing profession of all time. There's risk aversion, and there's fully bending and spreading to fascist fucks.
"Comic levels of risk aversion" is printed on Chuck Schumer's business card.
One thing you really see every day is the different risk appetites between MAGA-era Republicans and Democrats. Basically compulsive, reckless, dangerous constant risk-seeking, versus almost comical levels of risk-aversion.
March 12, 2025 at 7:05 PM
"Comic levels of risk aversion" is printed on Chuck Schumer's business card.