The Ascent of Money Episode 4: Risky Business
February 4, 2018
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47:51Now PlayingThe Ascent of Money Episode 4: Risky Business
YouTube Description
as posted by the channelLife 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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