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Catastrophe aversion

Catastrophe aversion
Author: Christoph Rheinberger
Publisher: FonCSI
Total Pages: 55
Release: 2016-06-01
Genre: Business & Economics
ISBN:

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In light of climate change and other existential threats, policy commentators sometimes suggest that society should be more concerned about catastrophes. This document reflects on what is, or should be, society’s attitude toward such low-probability, high-impact events. The question underlying this analysis is how society considers - a major accident that leads to a large number of deaths ;  - a large number of small accidents that each kill one person where the two situations lead to the same total number of deaths. We first explain how catastrophic risk can be conceived of as a spread in the distribution of losses, or a “more risky” distribution of risks. We then review studies from decision sciences, psychology, and behavioral economics that elicit people’s attitudes toward various social risks. This literature review finds more evidence against than in favor of catastrophe aversion. We address a number of possible behavioral explanations for these observations, then turn to social choice theory to examine how various social welfare functions handle catastrophic risk. We explain why catastrophe aversion may be in conflict with equity concerns and other-regarding preferences. Finally, we discuss current approaches to evaluate and regulate catastrophic risk, with a discussion of how it could be integrated into a benefit-cost analysis framework.


Doom

Doom
Author: Niall Ferguson
Publisher: Penguin
Total Pages: 497
Release: 2021-05-04
Genre: Political Science
ISBN: 0593297385

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"All disasters are in some sense man-made." Setting the annus horribilis of 2020 in historical perspective, Niall Ferguson explains why we are getting worse, not better, at handling disasters. Disasters are inherently hard to predict. Pandemics, like earthquakes, wildfires, financial crises. and wars, are not normally distributed; there is no cycle of history to help us anticipate the next catastrophe. But when disaster strikes, we ought to be better prepared than the Romans were when Vesuvius erupted, or medieval Italians when the Black Death struck. We have science on our side, after all. Yet in 2020 the responses of many developed countries, including the United States, to a new virus from China were badly bungled. Why? Why did only a few Asian countries learn the right lessons from SARS and MERS? While populist leaders certainly performed poorly in the face of the COVID-19 pandemic, Niall Ferguson argues that more profound pathologies were at work--pathologies already visible in our responses to earlier disasters. In books going back nearly twenty years, including Colossus, The Great Degeneration, and The Square and the Tower, Ferguson has studied the foibles of modern America, from imperial hubris to bureaucratic sclerosis and online fragmentation. Drawing from multiple disciplines, including economics, cliodynamics, and network science, Doom offers not just a history but a general theory of disasters, showing why our ever more bureaucratic and complex systems are getting worse at handling them. Doom is the lesson of history that this country--indeed the West as a whole--urgently needs to learn, if we want to handle the next crisis better, and to avoid the ultimate doom of irreversible decline.


Ecstasy, Catastrophe

Ecstasy, Catastrophe
Author: David Farrell Krell
Publisher: State University of New York Press
Total Pages: 222
Release: 2015-08-01
Genre: Philosophy
ISBN: 1438458274

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In Ecstasy, Catastrophe, David Farrell Krell provides insight into two areas of Heidegger's thought: his analysis of ecstatic temporality in Being and Time (1927) and his "political" remarks in the recently published Black Notebooks (1931–1941). The first part of Krell's book focuses on Heidegger's interpretation of time, which Krell takes to be one of Heidegger's greatest philosophical achievements. In addition to providing detailed commentary on ecstatic temporality, Krell considers Derrida's analysis of ekstasis in his first seminar on Heidegger, taught in Paris in 1964–1965. Krell also relates ecstatic temporality to the work of other philosophers, including Aristotle, Augustine, Kant, Schelling, Hölderlin, and Merleau-Ponty; he then analyzes Dasein as infant and child, relating ecstatic temporality to the "mirror stage" theory of Jacques Lacan. The second part of the book turns to Heidegger's Black Notebooks, which have received a great deal of critical attention in the press and in philosophical circles. Notorious for their pejorative references to Jews and Jewish culture, the Notebooks exhibit a level of polemic throughout that Krell takes to be catastrophic in and for Heidegger's thought. Heidegger's legacy therefore seems to be split between the best and the worst of thinking—somewhere between ecstasy and catastrophe. Based on the 2014 Brauer Lectures in German Studies at Brown University, the book communicates the fruits of Krell's many years of work on Heidegger in an engaging and accessible style.


Littell's Living Age

Littell's Living Age
Author:
Publisher:
Total Pages: 852
Release: 1853
Genre: American periodicals
ISBN:

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The Contemporary Review

The Contemporary Review
Author:
Publisher:
Total Pages: 928
Release: 1900
Genre: Great Britain
ISBN:

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Body Count

Body Count
Author: Peter Gill
Publisher: Profile Books
Total Pages: 223
Release: 2010-09-03
Genre: Social Science
ISBN: 1847651089

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With 20 million dead and another 40 million infected, AIDS is the world's worst epidemic, but the catastrophe could have been prevented. This book shows how millions could have been saved and many millions more infections could have been prevented if the world had responded properly to the crisis. Peter Gill reveals how politicians and religious leaders in both the rich and poor worlds have failed in their duty to protect their people from the disease. Simple messages about safe sex and condoms have been consistently downplayed out of embarrassment or misplaced moral fervour. Just as the world begins to wake up to the enormity of the AIDS disaster, the America of George W. Bush is threatening to undermine the global effort. The Christian Right has decided that sexual abstinence is the answer to the pandemic. Big business manoeuvres to protect the profits of the pharmaceutical industry against cheap AIDS drugs from developing countries. And the US challenges every other Aids initiative that does not square with its determination to export a conservative and Christian ideology. Twenty-five years on from the first identification of AIDS in America in 1981, this book at last fixes historical and contemporary responsibility for the tragedy.


The Illustrated American

The Illustrated American
Author:
Publisher:
Total Pages: 880
Release: 1894
Genre: American literature
ISBN:

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Code of Federal Regulations

Code of Federal Regulations
Author:
Publisher:
Total Pages: 958
Release: 1993
Genre: Administrative law
ISBN:

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Special edition of the Federal Register, containing a codification of documents of general applicability and future effect ... with ancillaries.


A Paradise Built in Hell

A Paradise Built in Hell
Author: Rebecca Solnit
Publisher: Penguin
Total Pages: 369
Release: 2010-08-31
Genre: Social Science
ISBN: 1101459018

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The author of Men Explain Things to Me explores the moments of altruism and generosity that arise in the aftermath of disaster Why is it that in the aftermath of a disaster? whether manmade or natural?people suddenly become altruistic, resourceful, and brave? What makes the newfound communities and purpose many find in the ruins and crises after disaster so joyous? And what does this joy reveal about ordinarily unmet social desires and possibilities? In A Paradise Built in Hell, award-winning author Rebecca Solnit explores these phenomena, looking at major calamities from the 1906 earthquake in San Francisco through the 1917 explosion that tore up Halifax, Nova Scotia, the 1985 Mexico City earthquake, 9/11, and Hurricane Katrina in New Orleans. She examines how disaster throws people into a temporary utopia of changed states of mind and social possibilities, as well as looking at the cost of the widespread myths and rarer real cases of social deterioration during crisis. This is a timely and important book from an acclaimed author whose work consistently locates unseen patterns and meanings in broad cultural histories.


The Code of Federal Regulations of the United States of America

The Code of Federal Regulations of the United States of America
Author:
Publisher:
Total Pages: 656
Release: 1981
Genre: Administrative law
ISBN:

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The Code of Federal Regulations is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government.