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Facing Future Adversity

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  • Avner Offer

Abstract

Among the challenges to the working of free markets is our inability to deal rationally with the future. Instead of calculating the future risks and rewards, and what they mean to us today, we fall back on social conventions, norms, and institutions. But when it comes to potential climate change, are these enough? This is a vital and fresh analysis of how we must deal with the future.

Suggested Citation

  • Avner Offer, 2013. "Facing Future Adversity," Challenge, Taylor & Francis Journals, vol. 56(4), pages 38-50.
  • Handle: RePEc:mes:challe:v:56:y:2013:i:4:p:38-50
    DOI: 10.2753/0577-5132560404
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