3. The Beauty of Uncertainty - Thomas J. Sargent

The Beauty of Uncertainty. AXA - Bocconi Chair in Risk Inaugural Lecture. 12 June 2012, Università Bocconi. Thomas J. Sargent
(Professor of Economics, New York
University, 2011 Nobel Laureate
in Economic Sciences).
Università Bocconi, the first Italian
university in business and economics,
was founded in Milan in 1902 with
a donation by businessman
Ferdinando Bocconi, who named it
in honor of his deceased son Luigi.
Ferdinando Bocconi is remembered
as a forward looking man who aimed
to create an institution "to harmonize
school with life."
In keeping with the ideals of its
founder, Università Bocconi addresses
the research and educational needs
of the global economy by fostering
academic merit, economic integration,
international exchange, cultural
progress and civic virtues.
Today Bocconi is the leading institution
in Italy offering undergraduate and
graduate degree programs in
Management, Economics, and Law.
It has grown into a research university
of international standing involved
in large research projects with
prestigious universities around the
world. Bocconi's success is an early
Italian example of what can be
accomplished by a philanthropist
with an extraordinary vision.
The AXA endowed Chair in Risk
is clear evidence of the relevance
of Bocconi's research to the social
sciences, and a leading example
of modern philanthropy supporting
an institution with an exciting future.

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