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Tag Archives: Fukushima

The Economics of Safety and Security

– One of the most horrifying comments through the entire Japanese mega-catastrophe was that by CNBC anchor Larry Kudlow, as reported in a March 20, 2011 New York Times article by Jeff Sommer with the title: “A Crisis That Markets Can’t Grasp – As Japan’s Disaster Evolves, Wall Street Keeps…

Balancing Safety and Security at Fukushima

– When diverse systems are integrated, systems engineers must often trade off security against safety, and vice versa. As an illustration, consider automated building-access systems. Safety engineers generally prefer building-access systems to fail open so that anyone trapped in a burning building,…