G.L.S. Shackle: Epistemics and Economics
George Shackle's radical epistemological approach emphasizes genuine uncertainty, the creative role of imagination in economic decision-making, and the kaleidic nature of economic processes. This analysis presents Shackle's insights alongside commentary from Frank Knight, John Maynard Keynes, and Ludwig Lachmann, exploring fundamental questions about knowledge, time, and action in economics.
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Chapters
Part I: Foundations of Uncertainty
Chapter 1: Epistemics and Economics
The Nature of Economic Knowledge
4 sections
Part II: Choice and Action
Chapter 2: Decision Under Uncertainty
The Logic of Economic Choice
3 sections
Part III: The Economic Process
Chapter 3: Kaleidic Economics
Perpetual Innovation and Structural Change
3 sections