An Economic Definition of Fear and Risk

Colin Read
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Colin Read: SUNY College

Chapter 2 in The Fear Factor, 2009, pp 16-17 from Palgrave Macmillan

Abstract: 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.

Keywords: Economic Life; Economic Security; Harsh Winter; Roller Coaster; Business Finance (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25086-4_3

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DOI: 10.1057/9780230250864_3

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