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In this unique exploration of the role of risk in our society, Peter Bernstein argues that the notion of bringing risk under control is one of the central ideas that distinguishes modern times from the distant past. Against the Gods chronicles the remarkable intellectual adventure that liberated humanity from oracles and soothsayers by means of the powerful tools of risk management that are available to us today.

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“An extremely readable history of risk.”

– Barron’s

“Fascinating.. this challenging volume will help you understand the uncertainties that every investor must face.”

– Money

“A singular achievement.”

– Times Literary Supplement

“There’s a growing market for savants who can render the recondite intelligibly – witness Stephen Jay Gould (natural history), Oliver Sacks (disease), Richard Dawkins (heredity), James Gleick (physics), Paul Krugman (economics) – and Bernstein would mingle well in their company.”

– The Australian

Against the Gods

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