When trying to figure out what to include in this edition of the Cavalcade of Risk, I was overwhelmed by the many, many submissions, ranging from astrology tips (the risk of planets in de-alignment?) to make-up advice (the risk of bad eye shadow?)--and the submissions from (it seems) nearly everyone with a blog offering advice (from the very wise to the truly bizarre) on how to invest money in these bad times.
So, I thought I'd enter Mr. Peabody's WABAC machine and take a trip back to Hank Stern's very first CoR entry. My purpose was to try discern, applying an originalist interpretation (as this guy would surely do if he were hosting this edition of CoR), the original purpose of the CoR. Hank's first entry on June 5, 2006 read:
Monday, June 05, 2006
Cavalcade of Risk - Defined
Because, well, “Carnival” has been done.
The purpose of the C of R is to offer insights into the world of risk management; generally, this will be insurance-related, but that’s not a requirement. Our goal is to help folks understand what risk is, and how to manage it. It's about business and finance, of course, but it's also about risks in our everyday lives and personal relationships.
The purpose of the C of R is NOT to provide a forum for folks to simply advertise their services, or bash their competitors, or tout any one concept as a panacea.
Ideally, posts will help:
a) Others in the field to learn a new, or different, or perhaps better way of doing something;
and/or
b) Folks not in the field to learn a bit more about how insurance and other risk management schemes work.
I’d like to model this on the new and fascinating Health Wonk Review, which means that the C of R will:
a) Be published bi-weekly
b) Be limited to posts directly relating to risk management (not just insurance in general)
c) At least initially, all posts which do not violate item b will be included.
The first C of R is (tentatively) scheduled for Wednesday, June 7.
David Williams presents Getting past physicians biases to the correct diagnosis posted at Health Business Blog, saying, "If you're a woman --or old or obese-- there's a risk that your physician's unconscious bias will cause your diagnosis to be missed."
Jason Shafrin, everyone's favorite graduate student, at the Healthcare Economist notes that China is aiming for universal health coverage by 2020, with the even more amazing goal of covering 90% of the population within 2 years.
Matthew Paulson presents Insurance You Can (and should) Live Without posted at American Consumer News.
Lawrance G. Lux offers a contrarian's take on the current financial crisis, arguing that lack of regulation has inherent risks.
How come we don't get paid a half million dollars to blog on risk? John Gapper of the Financial Times blogs on a risk management "conference" hosted by AIG, at our expense.
It had to happen: the blogger at Advocate’s Studio, a Boston area attorney, has news about the latest insurance "niche:" policies specifically for bloggers. Pay heed!
And apparently some bloggers need insurance. The Blog Herald reports on the risks of blogging: getting beaten up for something written on a blog.
At The Behavioral Medicine Report, clinical psychologist Christopher Fisher explains that women who smoke increase their risk of depression.
"I can't hear you!" The OSYS News Weblog reports on a recent study which found that those iPods (and other personal music gear) can increase one's risk of going deaf.
Wenchypoo presents Frugality as a Recession Fighter and Depression Killer (L-O-N-G) posted at Wisdom From Wenchypoo's Mental Wastebasket, saying, "How to avoid FINANCIAL risk."
nickel discusses increases in government coverage of deposits in FDIC Insurance Limits Increased to $250k posted at fivecentnickel.com.Floyd Norris at the NYT’s Notions of High and Low Finance explains how Oklahoma State University didn’t see the risk when it thought it had a sure bet with $202 million and a hedge fund managed by T. Boone Pickens.
Even an employer’s wellness program is not without its risks, according to HR Benefits Alert. Employers with their own private gyms risk employee deaths and expensive lawsuits if they do not have lifesaving equipment on the premises or do not have personnel properly trained to use it.
In Business 101 for Joe the Plumber, Louise at Colorado Health Insurance Insider discusses the risks and benefits of the of the Obama and McCain tax plans and how those plans would affect the purchase of health insurance.
That's all for now. Look for the next CoR at My Wealth Builder.
1 comments:
WoW!
What a TERRIFIC job, John!
Thank you!!
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