insuring against the future
Edición de la obra Risky business
| Autor | Niall Ferguson, Joanna Potts |
|---|---|
| Editorial | Films for the Humanities & Sciences |
| Fecha de publicación | 2008 |
| Lugar | Hamilton, NJ |
| Idioma | inglés |
| Páginas | 49 |
| Formato | [videorecording] : |
| OCLC | 318655052 |
| Serie | Ascent of money: a financial history of the world · ECO 401 (NU course) · FIN 440 (NU course) |
| Número de Cutter |
F353r"Life is risky-which is why people buy insurance. But when disaster overwhelms conventional insurance systems, should the state step in? In this program, economics expert Niall Ferguson travels to post-Katrina New Orleans to evaluate the free market's ability to help victims of the catastrophe. Ferguson then delves into one of the earliest insurance schemes, the Scottish Ministers' Widows Fund; the birth of the welfare state in post-WWII Japan as a measure against societal risks; and the invention of futures trading. The program also studies the role played by economist Milton Friedman in Augusto Pinochet's dictatorship and the investment of Chilean workers' pensions-another form of risk management.