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Uncertainty in Economics and Other Reflections. (Inscribed by G. L. S. Shackle to Ragnar Nurkse.)

SHACKLE, G. L. S. [George Lennox Sharman] (1903-1992):

Published by Cambridge: University Press, 1955., 1955
Used Condition: Near Fine Hardcover
From Ted Kottler, Bookseller (Redondo Beach, CA, U.S.A.)

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First Edition. xv, 207 pp. Original cloth. Near Fine, in near fine dust jacket. Inscribed: 'To Professor Ragnar Nurkse/with my kind regards/G. L. S. Shackle/January 1958'. Shackle 'also seems to have an additional dimension of understanding so that, where others simply analyse, he moves toward fresh frontiers and resynthesis. It was this rare capability which led him, in the 'forties, to pioneering studies on the nature and meaning of uncertainty. The result, partly expressed in Uncertainty in Economics, first published in 1955, still remains an intellectual tour de force' (H. A. Mason, 'Uncertainty in the market-place' (Cambridge Quarterly, Vol. IV, Issue 2, 1969, pp. 200-2). 'The name George Shackle immediately conjures up the words 'expectations' and 'uncertainty' because his entire career has been tirelessly devoted to preaching the doctrine that economic activity is ruled by expectations of future events but that all future events are inherently uncertain and, therefore, more or less unpredictable' (Blaug, Great Economists Since Keynes, p. 226). Frank H. Stephen, (1986) 'Decision Making under Uncertainty: In Defence of Shackle', Journal of Economic Studies, Vol. 13, Issue 5, pp. 45- 57. 'Ragnar Nurkse (1907-1959) was one of the most important pioneers of development economics, and although his writings have been neglected in recent decades, leading development economists and international organizations such as the United Nations are now turning to Nurkse in search for new inspiration, due to the failure of neoclassical economics to adequately explain the experience of poor and developing countries' (www [dot] anthempress [dot] com). Bookseller Inventory # 23386

Bibliographic Details

Title: Uncertainty in Economics and Other ...

Publisher: Cambridge: University Press, 1955.

Publication Date: 1955

Binding: Hardcover

Book Condition:Near Fine

Dust Jacket Condition: Near Fine

Signed: Signed by Author(s)

Edition: 1st Edition

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