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Keynes, mathematics and probability : a reappraisal
Brady, Michael Emmett - In: International journal of applied economics and … 20 (2012) 2, pp. 324-357
Persistent link: https://www.econbiz.de/10009530167
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On Edwin Bidwell Wilson's Erroneous Assessment of J M Keynes's Mathematical Capabilities : Clearly, Keynes Was a Very Good Mathematician
Brady, Michael Emmett - 2017
A careful examination of Wilson's 1948 claim that it was clear that Keynes was not a good mathematician immediately crumbles into dust once Wilson's own recommended reviews of the A Treatise on Probability are examined, as well as the then unpublished Edgeworth – Wilson exchanges where Wilson...
Persistent link: https://www.econbiz.de/10012943331
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Keynes's Views on Formalism and Mathematics : On the Role Played by Mathematical Formalism in His IS-LP(LM) Model As Presented in the General Theory in Chapter 21
Brady, Michael Emmett - 2017
J. M. Keynes's general comments made on pp. 275-276, pp. 297-298, and p.305 of the General Theory concerning the … relationship between mathematics and economics has been very severely misinterpreted by economists in general for the last eight … potential problems with the model, was presented on pp. 298-303 of the General Theory. Keynes spent five pages listing what …
Persistent link: https://www.econbiz.de/10012947454
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Kahn’s Mathematical Style, in His June, 1931 Multiplier Article in the Economic Journal, Is Identical to Keynes’ Style of Presenting Mathematical Results Starting in 1921 in the A...
Brady, Michael Emmett - 2018
The manner in which R. Kahn presented his mathematical results on the multiplier in the Economic Journal of June, 1931, is identical to the style of presenting mathematical results used by Keynes to present his mathematical analysis starting with the A Treatise on Probability in 1921. Keynes's...
Persistent link: https://www.econbiz.de/10012907803
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Keynes, Mathematics and Probability : A Reappraisal
Brady, Michael Emmett - 2014
I will argue that when Keynes states that, in general, probabilities are not susceptible to numerical estimation, he is arguing that the probabilities, in general, can’t be represented by single number answers or point estimates. But they can be represented by intervals. Keynes’s general...
Persistent link: https://www.econbiz.de/10014178069
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Using P. Samuelson’s 1952 Assessment of the Role of Mathematics in Economics To Evaluate Keynes’s Is-Lm Model in Part IV on Pp. 298–299 in Chapter 21 of the General Theory
Brady, Michael Emmett - 2021
-299 in Chapter 21 of the General Theory.The only two possible conclusions that explain the total failure of macroeconomists … pp.298-299 in Chapter 21 of the General Theory is (a) that they are either very poor applied mathematicians or (b) they …
Persistent link: https://www.econbiz.de/10013240922
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A note on Milton Friedman's application of his "Methodology of positive economics"
Brady, Michael Emmett - In: Journal of economic issues : jei 20 (1986) 3, pp. 845-851
Persistent link: https://www.econbiz.de/10001012312
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Keynes Had No ‘Hidden Method’ in the A Treatise on Probability (1921) : Keynes's Method Is an Explicit Inductive Logic Built on Inexact Measurement and Approximation, Which Was Ope...
Brady, Michael Emmett - 2019
problems in chapter III of the A Treatise on Probability and Chapter 4 of the General Theory.Keynes called this method inexact …
Persistent link: https://www.econbiz.de/10012860593