Roman Frydman is Professor of Economics at New York University, a founding editor of Project Syndicate, and Chair of the Program on Knightian Uncertainty Economics at the Institute for New Economic Thinking (INET), where he is also a member of the academic council.
Department of Economics
New York University
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INET Program on Knightian Uncertainty Economics:
Rethinking the role of markets and government policy in light of our inherently limited ability to foresee economic and social outcomes.
The INET Program on Knightian Uncertainty Economics (KUE) is inspired by arguments advanced by Frank Knight, John Maynard Keynes, Friedrich Hayek, and Karl Popper about the inherent limits of what we can know about the future. As Popper argued, “Quite apart from the fact that we do not know the future, the future is objectively not fixed. The future is open: objectively open.”