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Radical Uncertainty: Decision-making for an unknowable future
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Author Mervyn A. King, John Kay
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Uncertainty pervades the big decisions we all make in our lives. How much should we pay into our pensions each month? Should we take regular exercise? Expand the business? Change our strategy? Enter a trade agreement? Take an expensive holiday?
We do not know what the future will hold. But we must make decisions anyway. So we crave certainties which cannot exist and invent