Time, expectations and uncertainty in economics

264 p., fig.G.L.S. Shackle is one of the most original and stimulating twentieth century economists. He has made seminal contributions to the role of Time, and its concomitants, Expectations and Uncertainty, in economics. These contributions have challenged the orthodox paradigms in economics and consequently, they have also generated controversy. But even Professor Shackle's critics have acknowledged the importance of his ideas and have praised his erudition. His fresh approach to the modelling of decision-making with uncertainty, as opposed to risk; his development of the role of expectation and uncertainty in macroeconomics; and his schema for the methodological stance of economics, will all be seen to be of lasting importance in the history of the subject