Risk and Government Ethics
Thinking in terms of risk is a great way not to take responsibility
for your actions, including your inactions. As soon as you start
thinking about the chances that, overall, you might win or lose from
a transaction, you have begun thinking in terms of your personal
interest. This makes it very difficult to think in terms of the
public interest.<br>
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You have also begun thinking in terms of consequences rather than in
terms of rules. And it is rules, not consequences, that underlie the
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