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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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It Is Not Possible to Fix the Misleading Analysis Contained in the History of Economic Thought Website of the Hicks -Hansen Version of the IS-LM Model If One Is Seeking to Grasp Ke...
Brady, Michael Emmett - 2021
Keynes’s IS-LM model in the General Theory, defined in (r,Y) space and contained in chapter 21 in Part IV on pp. 298 …-299 of the General Theory, was derived from the underlying D-Z model of Chapter 20 that incorporated expectations and … ASC occurs two times in the General Theory. The first derivation is contained in ft. 2 of pp. 55-56 of the General Theory …
Persistent link: https://www.econbiz.de/10013250962
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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
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A comparison, contrast of Adam Smith, J. M. Keynes and Jeremy Bentham on probability, risk, uncertainty, optimism-pessimism and decision making with applications concerning banking...
Brady, Michael Emmett - In: International journal of applied economics and … 19 (2011) 4, pp. 86-111
Persistent link: https://www.econbiz.de/10009530476
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Comparing J. M. Keynes's and F. von Hayek's differing definitions of uncertainty as it relates to knowledge : Keynes's unavailable or missing knowledge concept versus Hayek's dispe...
Brady, Michael Emmett - In: International journal of applied economics and … 19 (2011) 3, pp. 1-20
Persistent link: https://www.econbiz.de/10009530492
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John Maynard Keynes's upper and lower valued probabilities : a study of how statisticians, philosophers, logicians, historians, and economists failed to comprehend Keynes's breakth...
Brady, Michael Emmett - In: International journal of applied economics and … 21 (2013) 2, pp. 254-272
Persistent link: https://www.econbiz.de/10009757333
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Patinkin, Keynes and the Z curve
Arthmar, Rogério; Brady, Michael Emmett - In: History of economic ideas : HEI 17 (2009) 3, pp. 127-146
Persistent link: https://www.econbiz.de/10008748683
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On Keynes’s Painstaking Slow Instruction of Harrod on the Technical Aspects of His IS-LM Model in July-September, 1935 : Harrod Only Finally Understood Keynes’s IS-LM Model After H...
Brady, Michael Emmett - 2020
aggregate income ,Y, in order to support the existing classical (neoclassical ) theory of the rate of interest in (r;I,S ) space …, is very similar to Pigou's assumption of ceteris paribus in his 1933 The Theory of Unemployment, so that he could apply … his Marshallian apparatus of partial equilibrium. Keynes's main point in the appendix to Chapter 19 of his General Theory …
Persistent link: https://www.econbiz.de/10012840000