Radical Uncertainty : Decision-making for an unknowable future by Mervyn King - Empire Book Store | Authentic Books in Cheap Prices

Radical Uncertainty : Decision-making for an unknowable future by Mervyn King

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In turbulent times such as those we are currently living through, the uncertainty of the future can seem truly terrifying. Kay and King’s incisive, rigorously researched volume challenges the accepted strategies used to cope with uncertainty and utilises many cogent examples from history, philosophy and economics to argue for a radical new model for embracing the unknown.


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.

Number of pages: 560 
Dimensions: 190 x 126 x 36 mm