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An Economic Definition of Fear and Risk

In: The Fear Factor

Author

Listed:
  • Colin Read

    (SUNY College)

Abstract

Life is uncertain by its very nature. In many ways, it is becoming less and less certain all the time. Our economic life is amazingly more complicated than what it was just a century or even half a century ago. Each of these complications brings not only more that can go right but also more that can go wrong. With progress, our economic well-being has been most enhanced while our economic security is most diminished.

Suggested Citation

  • Colin Read, 2009. "An Economic Definition of Fear and Risk," Palgrave Macmillan Books, in: The Fear Factor, chapter 2, pages 16-17, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-25086-4_3
    DOI: 10.1057/9780230250864_3
    as

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