"Against the Gods: The Remarkable Story of Risk"

"Against the Gods: The Remarkable Story of Risk" by Peter L. Bernstein explores the history of how humans have understood and managed risk. It traces the development of probability theory, from ancient times through the 20th century, illustrating how advancements in mathematics, economics, and science have enabled us to better assess, quantify, and mitigate uncertainty. The book highlights key figures and ideas that transformed risk from a mysterious concept into a manageable aspect of decision-making, influencing fields like finance, insurance, and engineering. Overall, it shows how human ingenuity has turned risk into an essential tool for progress and innovation.