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.
What is Great Thinkers?
For over 100 years, the Fellowship of the British Academy has brought together the country’s greatest thinkers from across the humanities and social sciences. In this new podcast, current Fellows of the British Academy shine a light on the Fellows of previous generations whose work still shapes how we see the world today. Listen to leading historians, economists, psychologists and political scientists introducing you to the academics that inspired them, revealing their remarkable lives and the enduring influence of their ideas.