“This is truly an amazing book! The product of a unique collaboration between a renowned economist and renowned seismologist (who happen to be father and son), Playing against Nature lays out a clear story, in easy-to-read prose, of what natural disasters are, what the limitations of risk prediction can be, and how society's response to them has to account for the reality that we have limited economic resources. The authors present fascinating case studies to illustrate examples of where predictions have failed, and why. They also take a bold step by showing how natural disasters and economic disasters provide similar challenges, and provide a clear description of how risk should be assessed, and how it can be mitigated reasonably. This is a ...
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