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"In hindsight, it was unwise risk management".
"In hindsight, it was unwise risk management".But no debt is really risk-free, not even that issued by Germany and America.
And in the minds of many, Brexit is an unwise risk.
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It does no good to avert one's eyes from the unwise risk-taking of those who approved the federal loan guarantees of Solyndra, or the mind-boggling decisions at the Department of Justice and Bureau of Alcohol , Tobacco Firearms and Explosives over the "Fast and Furious" gun-trafficking operation.
Business leadership who take unusual and unwise risks tend to share what I call a "fixed" mindset.
A team physician's responsibility is complicated by the fact that his patients are often willing to assume unwise risks that other people wouldn't.
We seem to be willing to take unwise risks and spend inordinate amounts of money to rid ourselves of what is nearly always a mild, self-limiting illness.
But it also stems from a concern that regulators could stifle innovation or, going the other way, push banks to take unwise risks in the name of consumers.
Such a tax would acknowledge that banks serve a vital function in a market economy but that they also have a habit of taking unwise risks.
Or might incentives seduce poor or medically desperate people into taking unwise risks, and perhaps foster the creation of an underclass of professional human guinea pigs?
He also said that it was inadvisable for them to try to eliminate risk in the economy, or for the government to bail out institutions that took unwise risks, unless the system itself were in peril.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com