The Political Economy of Risk in Finance and the Military

This book is about risk conceptions, experiences and reflections. It applies the concept of the risk triangle, with its societal, organisational and personal angles, to two areas of inquiry: financial markets and the military, seeking to demonstrate the challenges, dilemmas and, in many ways, also the impossibilities of risk analysis and risk management. Drawing on empirical and micro- and macro-level analysis, this innovative work will appeal to students of political science, economics and business as well as to risk professionals and risk-takers.

Applies the concept of the risk triangle Draws on empirical and micro- and macro-level analysis Appeals to students of political science, economics and business

Autorentext

Marc Schelhase is Lecturer in the Defence Studies Department, King's College London at the Joint Services Command and Staff College, UK Defence Academy.

Inhalt

1. Varieties of risk.- 2. Bringing the harm home applying the concept of social harm to home ownership.- 3. 'Reason is just one letter away from treason' - exploring risk in defence procurement.- 4. Realities of conflict - risk and military decision-makers.- 5. Exploring organisational risk dynamics - insights and challenges to organisational risk management.- 6. Risking money, risking lives - thinking critically about risk, thinking beyond risk.