Epistemics and Economics: A Critique of Economic Doctrines

1st Edition

G. L. S. Shackle

Routledge
Published January 30, 1991
Reference - 504 Pages
ISBN 9781560005582 - CAT# Y349689

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Summary

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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