John Kay and Mervyn King want more people to grasp the old distinction between risk and uncertainty forgotten by a later generation of economists.
This fascinating and well-written book will resonate way beyond economics. It deserves to be widely read.
If you're interested in judgement and decision-making, this book is fascinating. If that's your job, Radical Uncertainty is essential.
Many books will make a reader better informed or smarter. This is one of very few that will make a reader much wiser. You will live differently and better after you grasp Kay and King's seminal lessons.
In this profound yet practical book, Kay and King demonstrate the obvious - that in crucial domains, we do not, will not, cannot know what is going on - and show, nevertheless, how to retain the ability to function.