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JM Keynes wrote on fundamental uncertainty that for some events in the future (such as whether or not there would be another European war or the interest rates 20 years from), we simply do not know what will happen. This is to say that there is no probability distribution at all - just complete uncertainty. Is this a coherent statement? It seems that there is always a probability for any given scenario (even if it the variables are extremely complicated). Chaos theory also seems to tell us that in a deterministic world there are some events that are too complex to predict. Are these not just a result of a lack of data or, perhaps, mathematical technique?

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