of an interval estimate. His critique of Keynes's theory is based on a poor reading of chapter 3 of the A Treatise on …

uncertainty in the General Theory is based on the ergodic-non ergodic distinction. It is easy to show that this is false because … footnotes in the General Theory that established the link between Uncertainty and the Weight of the argument (evidence). This … based on Subjective Expected Utility (SEU) theory, which is based on the Ramsey-De Finetti-Savage-Friedman personalist …

of Keynes’s General Theory (1936)”, provides an excellent summary of the error filled Post Keynesian D-Z model, as well … General Theory (1936; GT) directly contradicted the Post Keynesian claim. Davidson and the Post Keynesian school have been … in chapter 3 of the General Theory, but in a later chapter, called “The Employment Function”, which, of course, is …

-data-knowledge provided in the real world of decision making did not allow a decision maker to specify precise, definite, exact, numerical … general, in real world decision making. Smith also rejects the normative and prescriptive roles of mathematical probability in …

Adam Smith’s The Theory of Moral Sentiments (1759) provided a general analysis of virtue ethics (prudence, temperance … that provided a general theory of decision making that applied to all aspects of society, and his General Theory (1936 …), which applied his general theory of decision making to one specific area, the area of macroeconomics, which was the study of …