The New Financial Order by Robert J. Shiller
Risk in the 21st Century
"The New Financial Order" explores innovative risk management ideas and tools that can be used to tackle economic inequality and improve financial stability. The book delves into the concept of using modern financial technology to spread and diversify risk in society, proposing solutions such as livelihood insurance, intergenerational social security, and better global financial infrastructure. The author argues that these mechanisms can protect individuals from the risks associated with changes in national economies, career paths, and other uncertainties, ultimately leading to a more secure and equitable economic future.
- Published
- 2003
- Nationality
- American
- Length
- Moderate
- Pages
- 366
- Original Language
- English
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- Alternate Titles
- None
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