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Embracing Risk – The Changing Culture of Insurance and Responsibility - Chicago Scholarship Online
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Embracing Risk: The Changing Culture of Insurance and Responsibility

Tom Baker and Jonathan Simon


For much of the twentieth century, industrialized nations addressed social problems, such as workers' compensation benefits and social welfare programs, in terms of spreading risk. But in recent years a new approach has emerged: using risk both as a way to conceive of and address social problems and as an incentive to reduce individual claims on collective resources. This book explores this new approach from a variety of perspectives. The first part of the book focuses on the interplay between risk and insurance in various historical and social contexts. The second part examines how risk is us ... More

Keywords: industrialized nations, social welfare, compensation, risk, insurance, social problems, individual claims, collective resources

Bibliographic Information

Print publication date: 2002 Print ISBN-13: 9780226035185
Published to Chicago Scholarship Online: March 2013 DOI:10.7208/chicago/9780226035178.001.0001


Affiliations are at time of print publication.

Tom Baker, editor

Jonathan Simon, editor