How Knowing More Can Make Us Worse Off

Source: David Friedman’s Substack
by David Friedman

“Some people are born with bad hearts, some good. As long as nobody knows which is which it is possible to insure against the risk of having a bad heart. What happens if a genetic test is invented that distinguishes people who are likely to have a heart attack from people who are not?” (05/01/26)

https://daviddfriedman.substack.com/p/how-knowing-more-can-make-us-worse