Fragile Futures: The Uncertain Economics of Disasters, Pandemics, and Climate Change - Couverture rigide

Tanzi, Vito

Couverture rigide

ISBN 10 : 1009100122 ISBN 13 : 9781009100120

Editeur : Cambridge University Press, 2022

Synopsis

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.

A propos du livre

À propos de l'auteur

Dr. Vito Tanzi has been Professor and Economic Chair at American University, Director for 20 years of the Fiscal Affairs Department at the IMF, and Undersecretary for Economy and Finance in the Italian Government. He is Honorary President of the International Institute of Public Finance (IIPF) in Munich, Germany.

Détails de l'édition

• Éditeur: Cambridge University Press
• Date d'édition: 2022
• Langue: anglais
• ISBN 10: 1009100122
• ISBN 13: 9781009100120
• Reliure: Relié
• Nombre de pages: 246
• Coordonnées du fabricant: Cambridge University Press; https://www.cambridge.org/; ; Via Honduras,15; Pomezia; Italia; 71; Italie