Disc is a recorded DVD and may not play on all DVD players or drives.
Closed-captioned; in English with optional English subtitles.
Host, Niall Ferguson.
Editor, Orly Danon ; director of photography, Dewald Aukema ; composer, Steven Severin.
Originally broadcast as an episode of the television program Ascent of money in 2008.
Travels to post-Katrina New Orleans to evaluate the free market's ability to help victims of the catastrophe. Examines early insurance schemes such as the Scottish Ministers' Widows Fund, and discusses the welfare state in post-WWII Japan as a measure against societal risks. Also studies the role played by economist Milton Friedman in Augusto Pinochet's dictatorship and the investment of Chilean workers' pensions as a form of risk management.