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Prepared, but not Equipped

In: Pandemic Economics

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Abstract

With hindsight the latter part of the post Second World War period probably has been an exceptional blessed period in which mankind has not been confronted with significant global disasters. World Wars were avoided, the major economic crisis (the Great Recession) did not develop into a full-blown depression and natural disasters, by and large, remained local in nature (although their frequency increased due to Global Warming). Future generations will undoubtedly observe that the generations that grew up since the 195s healthwise were extremely lucky. Lucky makes lazy and is a discentive to invest in risk reduction.

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  • ., 2021. "Prepared, but not Equipped," Chapters, in: Pandemic Economics, chapter 2, pages 15-42, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:20401_2
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