'The great secret of the human race is not that we are as fast as computers. We're obviously not,' he says. 'What we are good at are making leaps of imagination, dealing with problems that are ill defined and don't necessarily have a unique answer' He adds: 'Coping with that myst is a huge part of the human condition.'
John Kay and Mervyn King talk about their book, Radical Uncertainty, with EconTalk host Russ Roberts. This is a wide-ranging discussion based on the book looking at rationality, decision-making under uncertainty, and the economists' view of the world.