Safety is inherently a cost-benefit question rather than a binary 'safe/unsafe' state, demonstrated by the fact that no rational person checks their brakes every day; the wise approach reduces risk to a prudent level and spends the savings on other valued things.

definitionpending

Speaker

Robert Frank

Evidence Quote

you weigh costs you weigh benefits you make accommodations just because safety isn't the only thing you care about you get risks down to a prudent level

Source

Robert Frank on Competition, Government, and Darwin 09/12/2011EconTalk
Created: 6/17/2026, 9:48:29 AM

My Notes

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