Epistemics and Economics

Epistemics and Economics

Author: G. L. S. Shackle
Publisher: Taylor & Francis
Edition: 1
Published date: 2017
ISBN: 1560005580

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It is Shackle's view that human conduct is chosen with a view to its consequences. But these are in the future, which cannot be directly known. Expectation will confine itself to what is deemed possible, but this leaves it free to entertain widely diverse and rival hypotheses. How can such skeins of mutually conflicting ideas serve the formation of individual or institutional policy? This is the chief question this book examines.

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