Link: http://www.informationclearinghouse.info/article27836.htm

Japan's disaster and the global recession provide stark lessons on societies' failure to manage risks, economist says. The consequences of the Japanese earthquake - especially the ongoing crisis at the Fukushima nuclear power plant - resonate grimly for observers of the American financial crash that precipitated the Great Recession. Both events provide stark lessons about risks, and about how badly markets and societies can manage them.