Attack of the Killer Toaster Ovens
May
2010
Just how much should we spend to defend ourselves from terrorist attacks?
There is a general agreement about risk, then, in the established regulatory practices of several developed countries: risks are deemed unacceptable if the annual fatality risk is higher than 1 in 10,000 or perhaps higher than 1 in 100,000 and acceptable if the figure is lower than 1 in 1 million or 1 in 2 million. Between these two ranges is an area in which risk might be considered “tolerable.”
There is more chance that you will be killed by a kitchen appliance than by a terrorist.