Prospect Book Club – John Kay and Mervyn King
We live in a world of uncertainty, and every business has always had to juggle risks. Before the financial crisis, however, economics mostly assumed that the many unknowns were at least knowable in the sense that their probabilities could be calculated.
But that was a dangerous delusion, according to the former Bank of England governor, Mervyn King, and the long-time Financial Times columnist, John Kay, who have joined forces to produce a sparkling analysis of just how much richer and more baffling things become — in fields ranging from sport to warfare and interest-rate setting —when we face up to the harsh truth about how clueless we are about how the future will unfold.
May 5 2020 18:30 - 20:30
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