TY  - BOOK
AU  - Tanzi,Vito
TI  - Fragile futures: the uncertain economics of disasters, pandemics, and climate change 
SN  - 9781009109246 (ebook)
AV  - HD82 .T36 2022
U1  - 330.9001/12 23/eng/20211102
PY  - 2022///
CY  - Cambridge
PB  - Cambridge University Press
KW  - Economic history
KW  - 21st century
KW  - Forecasting
KW  - Economic development
KW  - Public administration
KW  - Natural disasters
KW  - International organization
KW  - Organizational change
N1  - Title from publisher's bibliographic system (viewed on 07 Apr 2022)
N2  - This book revisits a distinction introduced in 1921 by economists Frank Knight and John Maynard Keynes: that between statistically predictable future events ('risks') and statistically unpredictable, uncertain events ('uncertainties'). Governments have generally ignored the latter, perceiving phenomena such as pandemics, natural disasters and climate change as uncontrollable Acts of God. As a result, there has been little if any preparation for future catastrophes. Our modern society is more interconnected and more globalized than ever. Dealing with uncertain future events requires a stronger and more globally coordinated government response. This book suggests a larger, more global government role in dealing with these disasters and keeping economic inequalities low. Major institutional changes, such as regulating the private sector for the common good and dealing with special harms, risks and crises, especially those concerning climate change and pandemics, are necessary in order to achieve any semblance of future progress for humankind
UR  - https://doi.org/10.1017/9781009109246
ER  -