BUSINESS FUTURES | 4 “One of the most striking features of the economic landscape over the past 20 years or so,” Federal Governor Ben Bernanke told a gathering in Washington early in 2004, “has been a substantial decline in macroeconomic volatility.”1 Deregulation Proliferation of financial of new and Four years later, Lehman Brothers collapsed. markets complex financial The largest bankruptcy in United States products history plunged the world into financial crisis and heralded the onset of the worst recession since the Great Depression. Few people saw it coming. Yet the trends that led to the downturn were already in play. Booming Greater home prices availability of household credit THE WORLD OF REDESIGNING THE IMAGINATION THE AGE OF “TECHNO-POLITICS” LIFE ECONOMY (IN)SECURITY