You can find investigative reports on macroeconomics and research papers concerning public policy and management.
Lacking omniscience, survival requires that we ignore some details when we make decisions, and we choose to ignore those that seem inessential. Financial techniques, including “securitisation” are structured, to a certain degree, under the assumption that “seemingly inessential matters” will be ignored. This neglect of such matters leads to the expansion of unexpected risk. This type of risk can be described as lying in “deliberately untouched” areas. When we fail to account for the fact that we are ignoring seemingly inessential matters and relying, instead, solely on structures and theories, we increase the possibility of risks related to these ignored areas. This may cause serious problems, with insufficient securitization of sub-prime loans as a particular example.