Niccolò Machiavelli (1469 – 1527) was one of the first author to clearly address the risk…

Niccolò Machiavelli (1469 – 1527) was one of the first author to clearly address the risk as a key component in any social or technical progress. Risk is not any more considered as a fate or as superstition, but as a relatively controllable instrument for any ambitious venture. “It must be remembered that there is nothing more difficult to plan, more doubtful of success nor more dangerous to manage than the creation of a new system. For the initiator has the enmity of all who profit by the preservation of the old institution and merely lukewarm defenders in those who would gain by the new one.” (Niccolò Machiavelli)