Risk regulation has gone too far
Contributor(s): Professor Bridget Hutter
Released on 6 March 2009.
Citing the example of the health industry, which boasts a vast number of overlapping and sometimes contradictory regulatory bodies, Bridget Hutter, professor of risk regulation at LSE, argues that we need to go back to first principles to examine the real nature of risk and its possible effects on society. In the example of cases such as Baby P, she says, we must remember that it is impossible to completely mitigate risk, particularly in instances where workers are under large amounts of pressure.
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