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Tag: Radical Uncertainty
Is the Rate of Change of GDP the Best Way to...
January 9, 2020
In May 2018 I and other academics discussed the role of GDP at the Royal Society. You can...
Does God Play Dice?
January 8, 2020
Socrates: “I dare say that you are familiar with Tisias. Does he not define probability to be that which the many think?”
Adam Smith and the Pin Factory
December 18, 2019
‘One man draws out the wire, another straights it, a third cuts it, a fourth points it, a fifth grinds it at...
Great Thinkers: John Kay FBA on G. L. S. Shackle FBA
June 10, 2019
Mervyn King and I recently recorded a discussion on GLS Shackle, an economist who has been largely forgotten but has helped inform...
Pensions are stuck in a doom loop
November 16, 2018
In 1991 the ebullient fraudster Robert Maxwell disappeared from his yacht and was found to have looted the Daily Mirror pension funds to support his crumbling...
Embrace radical uncertainty
April 16, 2018
Embrace radical uncertainty Between 1920 and 1950, a debate took place which defined the future of economics in the second half of the 20th century....
Uncertainty, cost and noise undermine the case for a new runway...
November 4, 2015
Lower business rates would benefit property owners not retailers
October 14, 2015
How the migration estimates turned out wrong
September 6, 2006
The Concept of the Corporation
January 21, 2019
January 17, 2004
The basics of basic income
April 5, 2017
© Erasmus Press Ltd, 2016