Uncertainty in economics: the heritage of G.L.S. Shackle
George J. Klir. Binghamton University
- Fuzzy Economic Review: Volume VII, Number 2. November 2002
- DOI: 10.25102/fer.2002.02.01
For long time, the mainstream economics has been characterized, on the one hand, by a sequence of axio-matic systems of increasing precision and mathematical sophis-tication and, on the other hand, a persistent gap between economic reality and predictions derived from these ever more sophisticated systems. To alleviate this undesirable situation,…Read more...