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Publisher's Summary

Uncertainty pervades the big decisions we all make in our lives. How much should we pay into our pensions each month? Should we take regular exercise? Expand the business? Change our strategy? Enter a trade agreement? Take an expensive holiday?    

We do not know what the future will hold. But we must make decisions anyway. So we crave certainties which cannot exist and invent knowledge we cannot have. But humans are successful because they have adapted to an environment that they understand only imperfectly. Throughout history we have developed a variety of ways of coping with the radical uncertainty that defines our lives.    

This incisive and eye-opening book draws on biography, history, mathematics, economics and philosophy to highlight the most successful - and most short-sighted - methods of dealing with an unknowable future.

Ultimately, the authors argue, the prevalent method of our age falls short, giving us a false understanding of our power to make predictions, leading to many of the problems we experience today.    

Tightly argued, provocative and written with wit and flair, Radical Uncertainty is at once an exploration of the limits of numbers and a celebration of human instinct and wisdom.

©2019 Mervyn King, John Kay (P)2019 Hachette Audio UK

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Radical Uncertainty is a great book

Radical Uncertainty is a great read, well narrated and an important book for all people making decisions.

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  • Philip Thorne
  • 04-05-2020

An important topic we’ll described but lacking advice

I loved all the themes talked about in this book and the structure around them. The importance of uncertainty and risk, the history of probability, it’s impact on economics However, the key question for our time is what do we do about all this? How do we build adaptive systems.

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  • 5ft7offootballheaven
  • 12-08-2020

Utterly Brilliant

Absolutely essential reading if you want to know what’s wrong with the way Finance has “functioned”. Working in the City myself I recognise so many of these flaws. If you are interested in how we can organise and plan for a better world - listen to this book.

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  • Mark
  • 27-07-2020

Economics may have a practical futue

Thorough examination of the foundations of decision theory with profound implications for the "science" of economics. The shape of a more limited but more useful toolkit emerges.

In the spirit of reconciliation, Audible Australia acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.