Economic theory is built on how people make decisions, and in real life all decisions are made under some degree of fundamental uncertainty - people simply do not know what future they face. Uncertain Futures shows that people use works of imagination, or they use narratives, or calculative...
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Economic theory is built on how people make decisions, and in real life all decisions are made under some degree of fundamental uncertainty - people simply do not know what future they face. Uncertain Futures shows that people use works of imagination, or they use narratives, or calculative practices such as business plans, to act in spite of uncertainty. Economics - thanks to Beckert and Bronk - can build upon a much more realistic human foundation than before. A first-rate contribution to the field. W. Brian Arthur, author of Complexity and the Economy
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