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Against the Gods by Peter Bernstein
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    • Product code: 9734
    • ISBN: 0471295639, ISBN13: 9780471295631, 382 pages, paperback
      Published by John Wiley & Sons on 1998 , 1st
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    Recommended by Michael Covel, Stuart Fowler, Alfred Rappaport, Peter Temple

    Description of Against the Gods

    In this unique exploration of risk in our society, Peter Bernstein argues that the notion of bringing risk under control is one of the central ideas that distinguishes modern times from the more distant past.

    Against The Gods, a narrative that reads like a novel, chronicles the remarkable intellectual adventure that liberated humanity from the oracles and soothsayers by means of the powerful tools of risk management.

    Reviews

    "Ambitious and readable . . an engaging introduction to the oddmakers, whom Berstein regards as true humanists helping to release mankind from the choke holds of superstition and fatalism."
    - New York Times

    "An extraordinarily entertaining and readable book."
    - The Wall Street Journal

    "A Lively panoramic book. Against the Gods sets up an ambitious premise and then delivers on it."
    - Business Week

    "With his wonderful knowledge of history and current manifestaions of risk, Peter Bernstein brings us Against the Gods. Nothing like it will come out of the financial world this year or ever. I speak carefully: no one should miss it."
    - John Kenneth Galbraith, Professor of Economics Emeritus, Harvard University

    Contents of Against the Gods

    1. The Beginnings
    The winds of the Greeks and the role of the dice
    As easy as 123

    2. A Thousand Outstanding Facts
    The renaissance gambler
    The French connection
    The remarkable notions of man

    3. Measurement Unlimited
    Considering the mature of the man
    The search for moral uncertainty
    The supreme law of unreason
    The man with the sprained brain
    Peapods and perils
    The fabric of felicity

    4. Clouds of Vagueness and the Demand for Precision
    The measure of our ignorance
    The radically distinct notion
    The man who counted everything except calories
    The strange case of the anonymous stockbroker

    5. Degrees of Belief Exploring Uncertainty
    The failure of invariance
    The theory police


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