The advantage of knowing about risks is that we can change our behavior to avoid them. Of course, it is easily observed that to avoid all risks would be impossible; it might entail no flying, no driving, no walking, eating and drinking only healthy foods and never being touched by sunshine. Even...

"Wake up, Robin", a gentle hand shook my shoulder. "Let's go." It was so very early but I loved those mornings when my father would wake me and take me on an adventure. When I was a boy and we were camping, we would leave in the quiet morning hours to enjoy the lake together, and attempt to...

Interview with the 2003 Economics Laureates, Clive W.J. Granger and Robert F. Engle III, December 11, 2003. Interviewers are Professor Karl-Gustaf Loefgren, Umea University, and Assistant Professor Anne-Sophie Crepin, Stockholm University.