Great Thinkers: John Kay FBA on G.L.S. Shackle FBA

G.L.S. Shackle FBA spent his career advocating the importance of understanding uncertainty in economics, but his ideas fell out of fashion towards the end of the 20th century. In this episode, economist John Kay FBA and the former head of the Bank of England, Mervyn King FBA, explain why they’ve come around to Shackle’s way of thinking.