In The Search for Safety, Aaron Wildavsky argues that the pervasivenes
s of uncertainty, the complexity of economy and society, and the trial
-and-error strengths of a competitive market system make alleviating d
amages through market processes superior to a preventive strategy of r
egulatory anticipation. Close examination of a number of issues that a
re central to his argument-anticipation vs. resiliency, the effects of
wealth on health, the competitive market as an engine for social tria
l and error, and equity in aggregating benefits and costs across indiv
iduals and different probabilistic states - leads to considerable skep
ticism as to whether Wildavsky's strategy of less government regulatio
n and a more unfettered market would indeed produce greater safety.