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When he makes a claim like "We want calculable risk; we're stuck with random uncertainty," it seems his intent is to sound like Robin Leach.
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If the economy is governed by historical happenstance, not timeless laws, and subject to imponderable contingencies, not calculable risks, then the economist may have precious little to say.
Goldman thought it was operating in a world of calculable risks; in fact, it was operating in a world of true uncertainty, where the risk of different outcomes couldn't be known.
It exposed weaknesses in the construction of the single currency most of which were well-known, but regarded as calculable risks from its inception.
Plasmapheresis itself has calculable risks [ 21- 24] and is available in most hospitals with units for hemodialysis.
With good reason: between price reviews, returns are calculable and risks relatively low.
But nuclear technology is proven and associated risks are calculable and finite.
If risks are calculable, then investors will place their bets and roll the dice.
Market fundamentalism, the best-known US apostle of which was Milton Friedman, was developed inter alia by Thomas Sargent into rational expectations theory, which argued that markets contain all available information and are populated exclusively by fully informed consumers and producers for whom all future risks are calculable.
But Horkheimer and Adorno equate formalism with the drive to make nature calculable, and calculability is assimilated to usefulness.
That improvement will depend in part on maintaining investors' trust that the risks of Ebola are calculable and manageable, not cause for panic and flight.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com