We Act in a World of Uncertainty, Not Probabilities
26 February 2026

We Act in a World of Uncertainty, Not Probabilities

Audio Mises Wire

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Human action involves people engaging in unique events in which outcomes often are uncertain, when expertise and planning often do not give us the results we anticipate.

Original article: https://mises.org/mises-wire/we-act-world-uncertainty-not-probabilities