Financial Markets (ECON 252) Technology and innovation is based, to be funded. In order to successfully manage the risks, particularly in the long term, we need to combine large amounts of risk among many different people and overcome barriers, such as moral hazard and the design wrong. Inventions such as contracts of insurance and social security and information technology all the way from simple things such as paper, and mail to modern computers have helped to manage risk and to promote financialSystems to address issues related to the risk. The tax and benefit system is one of the most important risk management systems. Complete training materials are available on the Open Yale Courses Web site: open.yale.edu This course has been launched in the spring of 2008.
Keywords: Financial, innovation, invention, Framing, Insurance, Long-term, risks, Moral, hazard, Postal, service, Public, finance, Social, security
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