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Radical Uncertainty
Decision-making for an unknowable future
By: Mervyn King, John Kay
Paperback | 31 August 2021 | Edition Number 1
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Product Description
We do not know what the future will hold, particularly in the midst of a crisis, but we must make decisions anyway. We regularly crave certainties which cannot exist and invent knowledge we cannot have, forgetting that humans are successful because we have adapted to an environment that we understand only imperfectly. Throughout history we have developed a variety of ways of coping with the radical uncertainty that defines our lives.
This incisive and eye-opening book draws on biography, history, mathematics, economics and philosophy to highlight the most successful - and most short-sighted - methods of dealing with an unknowable future. Ultimately, the authors argue, the prevalent method of our age falls short, giving us a false understanding of our power to make predictions, leading to many of the problems we experience today.
Tightly argued, provocative and written with wit and flair, Radical Uncertainty is at once an exploration of the limits of numbers and a celebration of human instinct and wisdom.
About the Author
Mervyn King was Governor of the Bank of England from 2003 to 2013, and is currently Professor of Economics and Law at New York University and School Professor of Economics at the London School of Economics. Lord King was made a life peer in 2013, and appointed by the Queen a Knight of the Garter in 2014.
Industry Reviews
Daily Telegraph
'Well written . . . and often entertaining'
The Times
'A sparkling analysis'
Prospect
ISBN: 9780349143996
ISBN-10: 0349143994
Published: 31st August 2021
Format: Paperback
Language: English
Number of Pages: 560
Audience: General Adult
Publisher: Little Brown
Country of Publication: GB
Edition Number: 1
Dimensions (cm): 19 x 12.5 x 4
Weight (kg): 0.44
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You Can Find This Book In
This product is categorised by
- Non-FictionSociety & CultureSocial Issues & ProcessesSocial Forecasting
- Non-FictionSociety & CultureCultural StudiesHistory of Ideas
- Non-FictionEconomicsEconomic History
- Non-FictionEconomicsEconomic Forecasting
- Non-FictionPsychologyPsychological Theory, Systems, Schools of Thought & ViewpointsBehavioural Theory & Behaviourism