There are uncertainties in our economy that go beyond measurable risk. Simply put: there are some things we can not know. So how do economic actors form expectations and decide how to act despite this existential uncertainty? On this episode Mark explores this question with Jens Beckert and Richard Bronk, editors of the new book ‘Uncertain Future: Imaginaries, Narratives, and Calculation in the Economy.' They look at the challenges that arise from this uncertainty, and explore how, in many ways, the future really belongs to those with the market, political, or rhetorical power to make their models or stories count.
You can see the talk Jens and Richard gave at the Rhodes Center here: https://www.youtube.com/watch?v=FseT_EU-EbI&feature=youtu.be
You can purchase 'Uncertain Futures' here: [https://global.oup.com/academic/product/uncertain-futures-9780198820802?cc=us&lang=en&]