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Radical Uncertainty - Mervyn King

The Joe Walker Podcast

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The Science of Narrative in a World of Radical Uncertainty

In a world of radical uncertainty we make decisions according to narratives. I think it's a mistake to try to be too rigorous so one of the essences we're trying to get across is that in a world ofradical uncertainty you should be content with fuzzy language. There are certain problems and decisions where you could be rigorous in the sense of thinking clearly about something asking what is going on here.

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