Carnegie Council for Ethics in International Affairs, New York


Event Details

  • Date:

Move Over, Black Swan:
Here Comes the Gray Rhino

A number of student tickets are available. For more information, please contact events@cceia.org.

While the sheer size of the 2008 financial crisis may have been an unforeseeable “black swan,” the market speculation and imbalances behind it were not. Each of the underlying causes—the housing bubble, problems with credit default swaps, and poor risk management—was a highly obvious threat: that is, a “gray rhino.”

Why do policy and business leaders consistently fail to deal with imminent crises in time to prevent widespread damage? And how can we strategically confront and manage highly probable but neglected gray rhinos?

Michele Wucker, author of The Gray Rhino: How to Recognize and Act on the Obvious Dangers We Ignore, discusses the top risks of 2016 and strategies to deal with them in the context of the gray rhino framework, providing a critical re-orientation of policy and business strategy.

Wucker is also the author of Lockout: Why America Keeps Getting Immigration Wrong When Our Prosperity Depends on Getting it Right. She is the former president of the World Policy Institute and has been a source for major U.S. and international media including The New York Times, The Boston Globe, Reuters, CNN, CNBC, Fox News, MSNBC, and National Public Radio.

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Carnegie Council for Ethics in International Affairs – 170 E 64th St, New York, NY 10065 – View Map
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Books

The Gray Rhino

How to Recognize and Act on the Obvious Dangers We Ignore

Buy the book

Why the Cocks Fight

Dominicans, Haitians, and the Struggle for Hispaniola

Buy the book

Lockout

Why America Keeps Getting Immigration Wrong When Our Prosperity Depends on Getting It Right

Buy the book

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