Rethinking Risk in National Security

More about the book

Focusing on the intersection of risk management and national security, this book analyzes the lessons learned from the 2007-2008 financial crisis. It highlights the limitations of institutional risk control measures, revealing how human factors like cognitive biases and groupthink can lead to excessive risk-taking. The author argues that while the concept of risk has gained prominence in national security planning, embracing risk management may be problematic given its recent discreditation in the financial sector. Insights are valuable for both practitioners and scholars.