Risky business
Subtitle: insuring against the future
By: written and presented by Niall Ferguson ; producer Joanna Potts ; Chimerica Media in association with Educational Broadcasting Corporation for Channel 4.
Contributors: Aukema, Dewald; Severin, Steven; Chimerica Media; Educational Broadcasting Corporation; Channel Four (Great Britain); Films for the Humanities & Sciences (Firm)
Series: Ascent of money: a financial history of the world; ECO 401 (NU course); FIN 440  (NU course); FIN 444  (NU course); FIN 447  (NU course); FIN 632  (NU course); PAD 400  (NU course)
Publisher: Films for the Humanities & Sciences
Published: 2008
Place of publication: Hamilton, NJ
Language: eng
Format: [videorecording] :
Number of pages: 49
Subjects: Insurance; History; Futures; International finance; Welfare state; Hedge funds
Other titles: Insuring against the future
Description: "Life is risky-which is why people buy insurance. But when disaster overwhelms conventional insurance systems, should the state step in? In this program, economics expert Niall Ferguson travels to post-Katrina New Orleans to evaluate the free market's ability to help victims of the catastrophe. Ferguson then delves into one of the earliest insurance schemes, the Scottish Ministers' Widows Fund; the birth of the welfare state in post-WWII Japan as a measure against societal risks; and the invention of futures trading. The program also studies the role played by economist Milton Friedman in Augusto Pinochet's dictatorship and the investment of Chilean workers' pensions-another form of risk management.
Notes: Disc is a recorded DVD and may not play on all DVD players or drives.

Also available as streaming video.

Editor, Orly Danon ; director of photography, Dewald Aukema ; composer, Steven Severin.

Presenter: Niall Ferguson.

DVD-R.

Closed-captioned.