In "Risky Business," part three of the four-part THE ASCENT OF MONEY, economist and historian Niall Ferguson examines the roots of the insurance industry, natural disasters and risk management, and the history of hedge funds.
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Funding for THE ASCENT OF MONEY is provided by the Ewing Marion Kauffman Foundation, T.Rowe Price, The Smith Richardson Foundation, James and Merryl Tisch, and PBS. Additional funding for educational materials is provided by the Calvin K. Kazanjian Economics Foundation, Inc.Produced by THIRTEEN ©2025 Educational Broadcasting Corporation. All rights reserved.