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Living Dangerously: A Survey of Risk. John Smutniak.

by Smutniak, John; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2005Article 23Business. Publisher: Economist, 2004ISSN: 1522-3191;.Subject(s): Capitalism | Common sense | Derivative securities | Errors -- Popular | Finance | Information technology | Public safety | Risk | Risk assessment | Risk management | UncertaintyDDC classification: 050 Summary: "Since September 11th 2001, it has become obvious to all that the world is a risky place. Even before that atrocity, the world had seemed far from safe to many, especially those concerned with business and finance. The end of the dotcom craze and the bursting of the stockmarket bubble had already created huge uncertainty. But those are only the most recent examples of unexpected events that can make a mockery of people's plans." (ECONOMIST) This article reviews some of the "shifts in the burden of risk" and explores "an extraordinary phenomenon: that when people confront risk, whether they are running governments, businesses or their own affairs, they tend to mismanage it."
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REF SIRS 2005 Business Article 20 More, Bigger, Faster. REF SIRS 2005 Business Article 21 Migration's New Payoff. REF SIRS 2005 Business Article 22 Giving Lessons. REF SIRS 2005 Business Article 23 Living Dangerously: A Survey of Risk. REF SIRS 2005 Business Article 24 A Quest for Clean Hands. REF SIRS 2005 Business Article 25 Just One Word: Plastic. REF SIRS 2005 Business Article 26 The Retirement Race.

Articles Contained in SIRS Enduring Issues 2005.

Originally Published: Living Dangerously: A Survey of Risk, Jan. 24, 2004; pp. 1+.

"Since September 11th 2001, it has become obvious to all that the world is a risky place. Even before that atrocity, the world had seemed far from safe to many, especially those concerned with business and finance. The end of the dotcom craze and the bursting of the stockmarket bubble had already created huge uncertainty. But those are only the most recent examples of unexpected events that can make a mockery of people's plans." (ECONOMIST) This article reviews some of the "shifts in the burden of risk" and explores "an extraordinary phenomenon: that when people confront risk, whether they are running governments, businesses or their own affairs, they tend to mismanage it."

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