Every book John Kay recommended on podcasts

John Kay is an economist and writer who appeared on EconTalk to discuss his co-authored work on the nature of uncertainty. During the episode, John Kay and Mervyn King talked about their book Radical Uncertainty. John Kay referred to arguments made within the book regarding biases and rationality, contrasting how human behavior is typically viewed against the economist's concept of perfect rationality. Additionally, John Kay mentioned a specific experiment by Kahneman included in the publication, which tested people on word frequency in the English language to demonstrate cognitive patterns. To further illustrate human attitudes toward unpredictability, John Kay cited an example from the book involving the movie Groundhog Day, using the film to challenge the notion that people genuinely wish to rid themselves of all uncertainty in their lives. Through these discussions, John Kay highlighted the central themes of his book, emphasizing that decision-making often occurs in environments where the future cannot be accurately calculated or anticipated using standard probabilistic models.