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509. Navigating Uncertainty and the Future of Economics feat. Amar Bhidé
What is the difference between risk and uncertainty? Why does mainstream economics often overlook uncertainty altogether?Amar Bhidé is a professor of Health Policy and Management at Columbia University, professor emeritus at Tufts University, and the author of several books, his latest of which is entitled, Uncertainty and Enterprise: Venturing Beyond the Known.Greg and Amar discuss Amar’s recent book, which ties together threads from his previous works such as A Call for Judgment: Sensible Finance for a Dynamic Economy and The Venturesome Economy: How Innovation Sustains Prosperity in a More…
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