Uncertainty in Economics and Other Reflections

This book is a collection of some of Professor Shackle's papers written between 1939 and 1953 is largely concerned with the problems of 'expectation' and 'uncertainty' and with reducing these universal factors to some sort of plausible rules. Also included are essays on interest rates, on investment and employment, and on the philosophy of economics. This book, by one of the finest economic writers of his time, will appeal to anyone with an interest in the history of economics.

Preface
Author's note for C. U. P. L. E. reprint
Acknowledgements
Bibliography
On Expectation and Uncertainty:
Probability and uncertainty
On the meaning and measure of uncertainty: I
On the meaning and measure of uncertainty: II
The logic of surprise
Expectation in Economics: some critics answered
A non-additive measure of uncertainty
Three versions of the ø-surface
The economist's view of profit
The nature and role of profit
On Interest-Rates:
The nature of interest-rates
Interest-rates and the pace of investment
On Investment and Employment:
The multiplier in closed and open systems
Twenty years on: a survey of the theory of the multiplier
Myrdal's analysis of monetary equilibrium
The deflative or inflative tendency of government receipts and disbursements
On the Philosophy of Economics:
A chart of economic theory
Economics and sincerity
What makes an economist?
Index
Table of Contents provided by Publisher. All Rights Reserved.

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Uncertainty in Economics and Other Reflections

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Table of Contents

Supplemental Materials