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The end of certainty in economics

W. Brian Arthur

pp. 255-265

The story of the sciences in the 20th Century is one of a steady loss of certainty. Much of what was real and machine-like and objective and determinate at the start of the century, by mid-century was a phantom, unpredictable, subjective and indeterminate. What had defined science at the start of the century—its power to predict, its clear subject/object distinction—no longer defines it at the end. Science after science has lost its innocence. Science after science has grown up.

Publication details

DOI: 10.1007/978-94-011-4704-0_14

Full citation:

Arthur, W. (1999)., The end of certainty in economics, in D. Aerts, J. Broekaert & E. Mathijs (eds.), Einstein meets Magritte: an interdisciplinary reflection, Dordrecht, Springer, pp. 255-265.

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