Risk_Management_For_The_Masses

Risk Management For The Masses Risk Management for the Masses Advances in technology have increased the likely outcome of both greater economic uncertainty and greater inequality. The good news is that the financial tools that will allow ordinary folk to cope with increased uncertainty, and to insure against adverse economic events, are already being developed. Inequality has been on the rise due to changing technology, such as rapidly advancing communications, information and control technology, and its effects on an interdependent world economy. Advanced technology often means that a smaller number of skilled people supply their services over a wider area. Such changes stem from the very stuff of capitalism, undramatic events that unfold over many years. Paradoxically, the same technology that is creating this inequality could also reduce it. Technology needs to be coupled with the science of risk management, which combines elements of finance and insurance to help deal with the possibility of adverse events. Most of us do not think of inequality as risk-management, technology, risks, reduce, inequality, economic, risk, people, over, management, large, impact, uncertainty, today, services, same, principle, markets, international, insurance, information, increased, greater, finance, events, allow, adverse, years, world, work, wider, very, unfold, undramatic, traded