Economy
Pascal & Fermat
The roll of the dice that changed the world
In the summer of 1654, a question posed by a gambler gave rise to a management question of remarkable enduring relevance: How does one evaluate a situation whose outcome is still uncertain, but on…
How geopolitics and supply chains are remapping business
Country Risks 2026
A German mid-sized supplier of electric motors and power electronics is negotiating new framework agreements with a North American OEM in the autumn. The technical specifications are agreed quickly,…
Bayes' theorem
Why do so few risk managers know about Bayes?
It is said that Thomas Bayes made his most important discovery not at a university, not at a royal academy, and not even in conversation with the great thinkers of his time – but alone on a quiet…




















