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→‎Rumsfeld’s knowns and unknowns

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 ===Rumsfeld’s knowns and unknowns===
-*'''{{risk|known known}}''': the easy stuff; the stuff of [[service catalog|service catalogs]] and [[Risk taxonomy - Risk Article|risk taxonomies]];
+*'''{{risk|Known known}}''': the easy stuff; the stuff of [[service catalog|service catalogs]] and [[Risk taxonomy - Risk Article|risk taxonomies]];
-*'''{{risk|known unknown}}''': the stuff you know about but can’t control.
+*'''{{risk|Known unknown}}''': the stuff you know about but can’t control.
-*'''{{risk|unknown unknown}}''': the [[black swan]]s. This is where the risk is most acute, precisely because your risk taxonomy, with 20:20 hindsight, is ''guaranteed'' to miss these altogether.
+*'''{{risk|Unknown unknown}}''': the [[black swan]]s. This is where the risk is most acute, precisely because your risk taxonomy, with 20:20 hindsight, is ''guaranteed'' to miss these altogether.
+===The [[JC]]’s [[Unknown known|unknown known]]===
-Not included (because perhaps it doesn't seem to make much sense at first) is the '''{{risk|unknown known}}''', but  before you write this off, well - see [[Financial Services Modernization Act of 1999]] for the sorts of things a well-ordered market can forget over sixty odd years.
+:“''Those who cannot remember the past are condemned to repeat it.''”
+::—{{author|George Santayana}}
+Not included in Rumsfeld’s taxonomy (perhaps because it doesn’t make much sense at first) is the '''{{risk|unknown known}}'''. Now, before you write this off, well — see the[[Financial Services Modernization Act of 1999]] for the sorts of things a well-ordered market can forget over sixty-odd years. The [[JC]] — who likes a pet theory, as readers will know — feels that unknown knowns might be the riskiest bucket of the lot.