Fallibility, reflexivity, and the human uncertainty principle

@article{Soros2013FallibilityRA,
  title={Fallibility, reflexivity, and the human uncertainty principle},
  author={G. Soros},
  journal={Journal of Economic Methodology},
  year={2013},
  volume={20},
  pages={309 - 329}
}
  • G. Soros
  • Published 2013
  • Economics
  • Journal of Economic Methodology
  • I am honored that the editors of the Journal of Economic Methodology have created this special issue on the subject of reflexivity and have invited me, as well as a distinguished group of scholars, to contribute. Of course I did not discover reflexivity. Earlier observers recognized it, or at least aspects of it, often under a different name. Knight (1921) explored the difference between risk and uncertainty. Keynes (1936, Chapter 12) compared financial markets to a beauty contest where the… CONTINUE READING
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