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Cost of living Australia woes about more than supply and demand

It’s clear that psychology has also played a big part in the great post-pandemic price surge. It didn’t cause it, but it caused it to be bigger than it might have been. ....

United States , United Kingdom , John Kay , Mervyn King , Radical Uncertainty ,

Australia's cost of living woes about more than supply and demand

It’s clear that psychology has also played a big part in the great post-pandemic price surge. It didn’t cause it, but it caused it to be bigger than it might have been. ....

United Kingdom , United States , John Kay , Mervyn King , Radical Uncertainty ,

Australia's cost of living woes about more than supply and demand

Australia's cost of living woes about more than supply and demand
smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.

United Kingdom , United States , Mervyn King , John Kay , Radical Uncertainty ,

What to Do About Radical Uncertainty

CAMBRIDGE – A central premise of neoclassical economics is that the consequences of the decisions of market participants can be known in advance and quantified as risk-adjusted estimates. As John Kay and Mervyn King showed in their 2020 book, Radical Uncertainty: Decision-Making Beyond the Numbers, such probabilistic reasoning has a long history. As applied in | ....

United Kingdom , United States , Great Britain , Frank Knight , Luigi Pasinetti , Mervyn King , Jamie Dimon , Robert Lucas , Larry Page , Kleiner Perkins , Mike Moritz , Wassily Leontief , Sergey Brin , Adam Smith , John Doerr , Richard Kahn , Warburg Pincus , Warren Buffett , Williamh Janeway , John Kay , David Ricardo , Mark Zuckerberg , National Venture Capital Association , Us Bureau Of Economic Analysis , While The Department Of Defense , Chicago School ,