Uncertainty, as mantra | Curious Public
jamesshelley.com/2020/05/13/uncertainty-as-mantra
What Jamie wrote
Thoughtful article highlighting how off nearly all the world was in their thinking as we came into 2020.
Our error boils down to this: we conflate risk and uncertainty. We see risk and uncertainty basically the same thing. But Radical Uncertainty traces the stories of economic “heretics” over the past century — thinkers who argue that risk and uncertainty are categorically distinct. Risk and uncertainty, they say, are different species altogether. Kay and King beg us to re-engage this long and often ignored distinction.
This is worth reading deeply and contemplating with your coffee. ☕️