Shiller, Robert J.

The new financial order: risk in the 21st century/ Robert J. Shiller. - Princeton: Princeton University Press, 2003. - 366 p. ; 24 cm.

INTRODUCTION The Promise of Economic Security

Part One: Economic Risks in an Advancing World

ONE What the World Might Have Looked Like since 1950
TWO The Hidden Problem of Economic Risk
THREE Why New Technology Creates Risks
FOUR Forty Thieves: The Many Kinds of Economic Risks

Part Two: How Science and Technology Create New Opportunities in Finance

FIVE New Information Technology Applied to Risk Management
SIX The Science of Psychology Applied to Risk Management
SEVEN The Nature of Invention in Finance

Part Three: Six Ideas for a New Financial Order

EIGHT Insurance for Livelihoods and Home Values
NINE Macro Markets: Trading the Biggest Risks
TEN Income-Linked Loans: Reducing the Risks of Hardship and Bankruptcy
ELEVEN Inequality Insurance: Protecting the Distribution of Income
TWELVE Intergenerational Social Security: Sharing Risks between Young and Old
THIRTEEN International Agreements for Risk Control

Part Four: Deploying the New Financial Order

FOURTEEN Global Risk Information Databases
FIFTEEN New Units of Measurement and Electronic Money SIXTEEN Making the Ideas Work: Research and Advocacy

Part Five: The New Financial Order as a Continuation of a Historical Process

SEVENTEEN Lessons from Major Financial Inventions
EIGHTEEN Lessons from Major Social Insurance Inventions

EPILOGUE A Model of Radical Financial Innovation


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Risk management.
Information technology.

368 / SHI/T