Written by Lars Peter Hansen (Nobel Laureate in Economics, 2013) and Thomas Sargent (Nobel Laureate in Economics, 2011), Uncertainty within Economic Models incl

"Studying this work in real time taught me a lot, but seeing it laid out in conceptual, rather than chronological, order provides even clearer insights into the

Formal economic analysis using Shackle's ideas of historical time and nonprobabilistic uncertainty

This is the first book to investigate individual’s pessimistic and optimistic prospects for the future and their economic consequences based on sound mathemat

A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot