...uncertain, renders wealth a peculiarly unsuitable subject for the methods of the classical economic theory. By ' uncertain ' knowledge, let me explain, I do not...distinguish what is known for certain from what is merely probable. The game of roulette is not subject, in this sense, to uncertainty. Or, again, the...

...article, seems to have anticipated the same point. He writes: "By 'uncertain' knowledge, let me explain, 1 do not mean merely to distinguish what is known for...roulette is not subject, in this sense, to uncertainty The sense in which 1 am using the term is that in which the prospect of a European war is uncertain,...

...example, is the following passage of Keynes: By 'uncertain' knowledge, let me explain, I do not mean to distinguish what is known for certain from what...nor is the prospect of a Victory Bond being drawn . . . The sense in which I use the term is that in which the prospect of a European war is uncertain...

..."uncertain" knowledge, let me explain, I do not merely mean to distinguish what is known for certain and what is only probable. The game of roulette is not...nor is the prospect of a Victory Bond being drawn . . . The sense in which I am using the term is that in which the prospect of a European war is uncertain,...

...Theory, Keynes summed up his views: By "uncertain" knowledge ... I do not mean merely to disnnguish what is known for certain from what is only probable....roulette is not subject, in this sense, to uncertainty. . . . The sense in which I am using the term is that in which the prospect of a European war is uncertain,...

...of Economics, emphasizes the 'uncertainty' of long-term expectations: By 'uncertain' knowledge ... I do not mean merely to distinguish what is known...roulette is not subject, in this sense, to uncertainty; . . . the expectation of life is only slightly uncertain. Even the weather is only moderately uncertain....

...orthodox analysis for wrongly reducing uncertainty to probabilistic risk. By uncertainty, Keynes did not mean merely to distinguish what is known for certain from what is only probable. Rather, he meant to distinguish what is known for certain from matters about which there is no scientific...

...known with certainty). John Maynard Keynes {Keynes, 1936) put it like this: By "uncertain" knowledge.. -I do not mean merely to distinguish what is known for certain /rom what is only probable. The game o/ roulette is not subject, in this sense, to uncertainty. The...

...known with certainty). Jolm Maynard Keynes (Keynes. 1936) put it like this: By "uncertain" knowledge... I do not mean merely to distinguish what is known...roulette is not subject. in this sense. to uncertainty. The sense in which I am using the term is that in which the prospect of a European war is uncertain,...

...the real world, not formulas and models and mathematical probability: By 'uncertain' knowledge ... I do not mean merely to distinguish what is known...roulette is not subject, in this sense, to uncertainty . . . The sense in which I am using the term is that in which the prospect of a European war is uncertain,...