Abstract
Finance claims that statistics predict in investing. Because finance is emerged in statistics, we need the critical thinking of the humanities to investigate the predictability of statistics. The history of finance will show other paradigms of finance, and how finance became a part of economics. The philosophy of statistics will be put in discussion with its counterpart of the philosophy of uncertainty, which implies unpredictability. The analysis of the rhetoric of investment theory is another insightful way to understand its discourse, its metaphors, and its stories. Culture provides another domain of critical analysis of investment theory. The critical analysis releases energy to the challenge of a heterodox finance which consists of alternative theories of investing, the employment of virtue and value ethics, and practical wisdom.
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Pistorius, T. (2017). Introduction. In: Heterodox Investment Theory. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-55005-3_1
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