Keynes's theory of probability has been studied intensively in the past few years with much discussion of its relevance … to modern economics. This paper examines Keynes's ideas in light of criticisms made by other authors and comes to the … conclusion that Keynes's views on rationality are critically flawed. However, it is asserted that this actually allows more …

Robert Skidelsky, author of a key biography of Keynes, notes in this biography that Keynes’s relationship to modernism … uncover influences from modernism as as a socio-cultural movement on the content of Keynes’s economics. It should be realised … however that Keynes was not ‘influenced’ by modernists, he was a modernist in that his work displays central hallmarks of …

offer a potential solution. The literature building on Keynes’s theory of probability, in the meantime, has been refining …