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Uncertainty and Economics A Paradigmatic Perspective

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      Author: Baturi   |   22 January 2021   |   : 0

Uncertainty and Economics: A Paradigmatic Perspective (Routledge Frontiers of Political Economy)
by Christian Müller-Kademann
English | 2019 | ISBN: 0367076039 | 135 Pages | PDF | 26 MB

This book is set against the assumption that humans' unique feature is their infinite creativity, their ability to reflect on their deeds and to control their actions. These skills give rise to genuine uncertainty in society and hence in the economy. Here, the author sets out that uncertainty must take centre stage in all analyses of human decision making and therefore in economics.

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