Investable!

When Pandemic Risk Meets Speculative Finance

Susan Erikson

$55

Paperback

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English

MIT Press
20 May 2025

Economics

A critical and sobering look at how international bankers and investors turn pandemics into investment opportunities, and what we stand to lose when we rely on 'innovative finance.'

In a world increasingly defined by crisis, bankers and investors behind-the-scenes turn catastrophes like pandemics into financial securities that can be bought and sold. Offering new insights into how the excesses of capitalism shape pandemic preparedness, Investable! is an ethnography of World Bank bonds designed to solve a big-ticket global health problem by getting international investors to gamble on future crisis. In this, the first book-length treatment of pandemic bonds, award-winning medical anthropologist Susan Erikson explains how we got here and asks who should hold the responsibility for the terrible things that happen to people, at a time when pandemics are turned into casinos.

Erikson, who travelled over 300,000 miles conducting research for the book, takes readers from the red-clay roads of West Africa to the concrete sidewalks of New York City and London s financial districts, telling the stories of the people, the special interests, and the logics of pandemic bonds. Original, insightful, and extremely timely, Erikson s lively interdisciplinary exploration tells readers in powerful, vibrant prose about the pitfalls of contemporary global health finance 'solutions.'

Written for a smart general audience concerned about capitalism s effect on human health, Investable! will appeal to financiers, politicians, economists, people working in global development, healthcare, and international affairs, and anyone who wants to better understand how capitalism affects how we care for one another in times of crisis.

By: Susan Erikson
Imprint: MIT Press
Country of Publication: United States
Dimensions: Height: 229mm, Width: 152mm,
Weight: 369g
ISBN: 9780262549356
ISBN 10: 0262549352
Pages: 248
Publication Date: 20 May 2025
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

Susan Erikson is a medical anthropologist and Distinguished Professor at Simon Fraser University in Vancouver, British Columbia, Canada, where she studies complex political and economic systems that shape human health.

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Investable!

When Pandemic Risk Meets Speculative Finance

Susan Erikson

$55

Paperback

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