News Summary

• In Worth the Risk, Allison Schrager argues that Americans have become increasingly risk-averse.
• Schrager speculates that the federal government reforms of the 1960s and ‘70s convinced many Americans that risk “was something to be reduced or eliminated” Schrager endorses claims that the risk aversion of adolescents is due to “helicopter parenting ” and social media use.
• She concludes that the downside to risk-taking is probably not as bad as you think.