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Radical Uncertainty: Decision-making for an unknowable future

JD 5.000
SKU 9780349143996

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'A brilliant new book'

 

Daily Telegraph

 

 

'Well written . . . and often entertaining'

 

The Times

 

 

'A sparkling analysis'

 

Prospect

 

 

When uncertainty is all around us, and the facts are not clear, how can we make good decisions?

 

 

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.

Authors: Mervyn King , John Kay

Publisher: The Bridge Street Press

Publication Date: 2 Sept. 2021

Paperback: 560 pages

ISBN-10: ‎0349143994

Dimensions: 12.6 x 3.6 x 19 cm

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