Worth the Risk: Innovation and the Future of Finance

by Robert C. Merton

The 2008 financial crisis cost $15 trillion in the U.S. stock and residential housing markets. The crash hit institutions and citizens, threatening economic survival, employment, and retirement prospects. What went wrong? And how can we prevent a similar disaster? In Worth the Risk, Robert Merton--the Nobel Prize-winning economist whose work revolutionized financial markets--offers answers. Merton maintains that the magnitude of the crisis points...

• Format: Hardcover
• Language: English
• ISBN: 1422156990
• ISBN13: 9781422156995
• Release Date: January 2030
• Publisher: Harvard Business Review Press
• Length: 130 Pages