ABSTRACT
The first is an epistemological one in which the focus is the modified cognitive/ knowledge function as in (3), and in which the main subject of investigation is the fallibility of scientific knowledge. Soros points out that there are multiple epistemic sources of fallibility associated with the complexity of the world and the structure of the brain. I associate the first with radical uncertainty (in the Keynes-Knight sense) and the latter with bounded rationality (in the Simon sense). But Soros’s principle message in his contribution to this issue is that the reflexive feedback principle associated with how the manipulative function modifies the cognitive one is the fundamental source of the fallibility of scientific knowledge.
