Chance would be a fine thing
If I prang your car, we can swap insurance details. In the past, it would have been necessary for you to kill me. That’s the great thing about money: it makes liabilities payable and blood feud unnecessary. Spare a thought, then, for the economist Robin Hanson, whose idea it was, in the years following the attacks on the World Trade Center, to create a market where traders could speculate on political atrocities. You could invest in the likelihood of a biochemical attack, for example, or a coup d’etat, or the assassination of an Arab leader. The more knowledgeable you were, the more profit you would earn — but you would also be showing your hand to the Pentagon.