Increasingly nation states and economies emphasize the importance of knowledge, creativity and innovation to economic, political and cultural development. Some even speak of ‘knowledge societies', ‘information societies' or ‘knowledge-based economies'. Yet, if knowledge increasingly...

J.M. Keynes and F. von Hayek had completely different views about the meaning of the term “uncertainty” as it was related to the concept of knowledge. Keynes viewed uncertainty through his concept of the weight of the argument, V, (a logical operator) and weight of the evidence, w (a...