Conclusions

Colin Read
Additional contact information
Colin Read: SUNY College

A chapter in The Fear Factor, 2009, pp 239-240 from Palgrave Macmillan

Abstract: Abstract Humans are hardwired to protect our economic security and crave order. Any threat to our economic security is considered risky, and as humans we are, by our very nature, averse to risk. As the world becomes increasingly uncertain, there is greater occasion to threaten our economic security and fan our fears. In a fearful environment, we retrench, isolate, prejudge, narrow the scope of our understanding, and devote more energy to anxiety than production. These responses are not in our rational self-interest. They are wholly human, however. Recognizing this, we must respond to greater uncertainty not through fear but through genuine understanding and rational thought.

Keywords: Economic Security; Rational Thought; Keynesian Economic; Dangerous Thing; Current Economic Situation (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25086-4_33

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230250864

DOI: 10.1057/9780230250864_33

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().