Abstract
Humans are hardwired to protect our economic security and crave order. Any threat to our economic security is considered risky, and as humans we are, by our very nature, averse to risk. As the world becomes increasingly uncertain, there is greater occasion to threaten our economic security and fan our fears. In a fearful environment, we retrench, isolate, prejudge, narrow the scope of our understanding, and devote more energy to anxiety than production. These responses are not in our rational self-interest. They are wholly human, however. Recognizing this, we must respond to greater uncertainty not through fear but through genuine understanding and rational thought.
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© 2009 Colin Read
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Read, C. (2009). Conclusions. In: The Fear Factor. Palgrave Macmillan, London. https://doi.org/10.1057/9780230250864_33
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DOI: https://doi.org/10.1057/9780230250864_33
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-31007-4
Online ISBN: 978-0-230-25086-4
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)