An autonomous research institute under the Ministry of Finance


Fragile Futures: The Uncertain Economics of Disasters, Pandemics and Climate Change


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Classical economics was developed for a stable world, for a world that developed along  Darwinian ecological ways. It was realized that individuals faced some future risks (illnesses, death, accidents, unemployment, etc.). These risks could be dealt with by private insurance companies, which developed accordingly. They could also be dealt with ...