In this paper I examine Crispin Wright's modal anti-realism as based on the availability of a certain attitude of Caution towards judgements of necessity. I think that Wright's account should be attractive in several ways for modal theorists with an anti-realist bend. However, the attitude of Caution to which it appeals has attracted some controversy. Wright himself has later come to doubt whether Caution is ultimately coherent. Here I first address Wright's worries concerning the coherence of Caution and show that they are unfounded. But then I argue that although the attitude of Caution is coherent, it cannot provide a suitable basis for a non-eliminativist account of necessity. I offer two different objections against Caution. (1) I argue that Wright's appeal to Caution, if successful, would show not only that modal judgement is non-objective but also that it is dispensable. Thus, I claim that appeal to Caution would seem to serve more as a threat against a non-eliminativist account of necessity, rather than as a potential adequate basis for it. However, (2) I argue that Wright's appeal to Caution is unsuccessful, for there is no genuine Caution: Caution is a mere verbal attitude.
Caution; Conventionalism; Necessity; Anti-Realism; Wright