Abstract
“What distinguishes the thousands of years of history from what we think of as modern times? The answer goes way beyond the progress of science, technology. . . . The revolutionary idea thatdefines the boundary between modem times and the past is the mastery of risk. . . . The transformation in attitudes toward risk management . . . has channeled the human passion for games and wagering into economic growth, improved quality of life, and technological progress.” Peter Bernstein, p. 1,
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