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Abstract/Sommario: 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 i ...; [Leggi tutto...] 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.

Abstract/Sommario: The founding fathers - The calculus of error and the calculus of exploration - The calculus of aggregates - The calculus of judgments.

Abstract/Sommario: Introduction - Managers on paper - Power struggles in the line - Relations between staff and line - Local meanings of high level labor agreements - The managerial career ladder - The interlocking of official and unofficial reqard - The interconnetions of formal and inofficial action - The manager between formal and informal.

Abstract/Sommario: Introdition and illustrations - Relationships between securities and portfolos - Efficient portofolios - Rational choice under uncertainty.

Abstract/Sommario: The motor industry - The aircraft industry - The shipbuilding industry - The electonics industry - The cotton rayon textile industry - The woollen andworsted industry - The man-made fibres industry - The pottery industry - The pharmaceutical industry - The cutlery trade.

Abstract/Sommario: The middle classs as a political idea - Measuring the middle class vote - The political problem of the middle class.

Abstract/Sommario: The meaning of economic welfare - The creation of economic welfare - The distribution of economic welfare - The redestribution of economic welfare.

Abstract/Sommario: The problem - The reform - The farm economy - Social structure - Politics.

Abstract/Sommario: Econimic development in the 1930's - The course of economic recovery after 1945 - The rconstruction of the monetary and banking systems - Agriculture, forestry, and the fisheries - Industrial reconstruction - The textile industries - The engineering industries - Iron and steel, fuel and power, and some miscellaneus trades - The zaibatsu in the post-war economy - Industrial relations and the rise of trade unions - The problem of foreign trade - Achievements and prospects.

Abstract/Sommario: New people-their-skill - New people and an old society: the problem of integration - The social implications of industrial progress - The idustrial workers and prectical democracy - 'An expansive forcè - A dominating force - Towards a society of working people.