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Natural and man-made risks have long been recognised as vital conditioning factors in the formation of social institutions and the conduct of social life. In th
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The North American Review
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Vols. 227-230, no. 2 include: Stuff and nonsense, v. 5-6, no. 8, Jan. 1929-Aug. 1930.
Risk and the State
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Economics demonstrates how markets can serve as remarkably efficient institutions in allocating scarce resources. At the same time, incomplete information gener