Niall Ferguson
Niall Ferguson
@niallferguson5684·18.5K subscribers·119 videos

The Ascent of Money Episode 4: Risky Business

Posted

February 4, 2018

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52,850

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YouTube Description

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Life is a risky business – which is why people take out insurance. But faced with an unexpected disaster, the state has to step in. Niall Ferguson travels to post-Katrina New Orleans to ask why the free market can't provide some of the adequate protection against catastrophe. His quest for an answer takes him to the origins of modern insurance in the early 19th century and to the birth of the welfare state in post-war Japan.

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The Ascent of Money Episode 4New Orleans

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The Ascent of Money Episode 4: Risky Business · Niall Ferguson · Sentinel