Foolproof: A FINANCIAL TIMES BOOK OF THE YEAR

· Hachette UK
Ebook
352
Pages
Eligible
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About this ebook

Why anti-lock brakes make us drive faster

Why saving money can lead to financial crises

How football helmets make the game more dangerous

Why letting forest fires burn can be safer than putting them out

We have learned a staggering amount about human nature and disaster-yet we are continually unprepared for car crashes, floods, and financial crises. Partly this is because the very success we've had making life safer enables us to take more extreme, different risks. As our cities, transport systems, and financial markets become more interconnected and complex, so does the potential for disaster.

How do we stay safe? Should we? What if our attempts are exposing us even more to the very risks we are trying to avoid? What if acceptance of danger ultimately makes us more secure and prosperous? Is there such a thing as foolproof?

In this fascinating account of risk-taking and crisis, Greg Ip presents a macro theory of human nature and disaster that explains how we can keep ourselves safe in our increasingly dangerous world.

About the author

Greg Ip is the chief columnist on economics for the Wall Street Journal, before which he was the U.S. Economics Editor for The Economist, where he covered the economy, financial markets, and monetary, fiscal and regulatory policy. In 2002 Ip was part of a team from the Wall Street Journal Staff who shared a Pulitzer Prize in breaking news for covering the September 11 attacks. He is the author of The Little Book of Economics.

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