In this first episode, presenters Laurent Birade and James Partridge explore the history of credit risk using "Against the Gods: The Remarkable Story of Risk" by Peter L. Bernstein to put the current environment of risk management into a historical perspective. Listen in as they discuss key innovations that have built the current credit environment, including the Roman numeral system, the concept of zero, games of chance, and risk aversion.
This episode makes references to the following works:
Author: Peter L. Bernsetin
Publisher: Wiley; Edition Unstated (August 31, 1998)