G.L.S. Shackle > Quotes

“What does not yet exist cannot now be known. The future is imagined by each man for himself and this process of the imagination is a vital part of the process of decision. But it does not make the future known. The absolute and eternal difference between the recorded past and the unformed future, despite its overwhelming significance for the very stuff of human existence, has been often overlooked in our economic theories.”
― G.L.S. Shackle, Epistemics and Economics: A Critique of Economic Doctrines