This fascinating and well-written book will resonate way beyond economics. It deserves to be widely read.
John Kay and Mervyn King want more people to grasp the old distinction between risk and uncertainty forgotten by a later generation of economists.
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.
If you're interested in judgement and decision-making, this book is fascinating. If that's your job, Radical Uncertainty is essential.
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.