Against the Gods: The Remarkable Story of Risk - download pdf or read online

By Peter L. Bernstein

ISBN-10: 0471121045

ISBN-13: 9780471121046

A enterprise Week, long island occasions company, and united states this day Bestseller"Ambitious and readable . . . an attractive creation to the oddsmakers, whom Bernstein regards as precise humanists supporting to free up mankind from the choke holds of superstition and fatalism." -The manhattan Times"An terribly unique and informative book." -The Wall highway Journal"A full of life panoramic booklet . . . opposed to the Gods units up an bold premise after which offers on it." -Business Week"Deserves to be, and absolutely should be, generally read." -The Economist"[A] difficult publication, person who could switch without end the best way humans take into consideration the world." -Worth"No one else can have written a ebook of such primary significance with loads attraction and excitement." -Robert Heilbroner writer, The Worldly Philosophers"With his exceptional wisdom of the historical past and present manifestations of chance, Peter Bernstein brings us opposed to the Gods. not anything love it will pop out of the monetary global this 12 months or ever. I converse conscientiously: nobody may still omit it." -John Kenneth Galbraith Professor of Economics Emeritus, Harvard UniversityIn this specified exploration of the position of chance in our society, Peter Bernstein argues that the thought of bringing chance less than keep an eye on is likely one of the crucial principles that distinguishes smooth instances from the far-off prior. opposed to the Gods chronicles the extraordinary highbrow event that liberated humanity from oracles and soothsayers by way of the robust instruments of threat administration which are on hand to us today."An tremendous readable historical past of risk." -Barron's"Fascinating . . . this not easy quantity may help you already know the uncertainties that each investor needs to face." -Money"A singular achievement." -Times Literary Supplement"There's a growing to be marketplace for savants who can render the recondite intelligibly-witness Stephen Jay Gould (natural history), Oliver Sacks (disease), Richard Dawkins (heredity), James Gleick (physics), Paul Krugman (economics)-and Bernstein could mingle good of their company." -The Australian

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Example text

The human aspect is an important factor in the global environmental crisis, and may also prove important in finding a solution to the problem. This group of variables includes demography, income, lifestyle, and quality of life, among others. Technology relates to the way in which the economy, environment, and society interact. We should note that technology has been changing over time, sometimes aggravating the environmental impacts of human activities and sometimes alleviating them. It is increasingly important to keep a watchful eye on the direction of technological change .

However, even with these limitations, the prototype fulfills at least two purposes. One is to demonstrate the feasibility of the proposed integrated framework. In this regard, the prototype will be of instrumental value in showing where the gaps exist with regard to definition, data availability, etc. Second, the prototype tables based on empirical data are of considerable interest in shedding light on the use of the environment as a resource base and sink, resource allocation aimed at enhancing human aspiration and environmental maintenance, economic and environmental aspects of quality of life , and the roles of technology in moderating the potentially acute collision between economic development and environment.

_ .. 4 ..... 1 o 1970 75 80 81 82 83 84 85 86 87 88 Note: The figures refer to primary energy consumption converted to petroleum per one thousand dollar GNP (1988 prices). 1 % annually. 2 yen/KWH based on a report by the Nuclear Branch of the Comprehensive Energy Council (Sogo Enerugi Chosakai) in 1985. 20]: (1) the so-called front-end which extends from the mining of uranium ore until the delivery of fabricated fuel elements to the reactor site; (2) fuel use in the reactor, where fission energy is employed to produce electricity; and (3) the so-called back-end, which starts with the shipping of spent fuel to away-from-reactor storage and ends in the final disposal of reprocessing wastes or of the spent fuel itself.

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Against the Gods: The Remarkable Story of Risk by Peter L. Bernstein


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