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The book aims to show that the deterministic vision embodied in conventional economic modelling is neither consistent with nor supported by the state of the art in mathematics, logic, and physical science. DeCanio recognizes that economic agents are intrinsically free and somewhat unpredictable, which is essential for economic and social theory.
The climate policy debate has been dominated by economic estimates of the costs of policies to reduce greenhouse gas emissions. In addition, the distribution of 'climate rights' is crucial to determining the economic affects of various policies.
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