An analysis of Confucius and Smith demonstrates that both are presenting arguments that are extremely close in their conclusions.The Analects present a powerful case against utilitarian ethics in a manner which is very similar to Smith's argument against utilitarianism.Smith and Confucius...

This paper concentrates on Keynes’s solution to a version of Boole’s Challenge Problem of 1851. The problem is solved by Keynes mathematically at the end of Chapter 15 of the A Treatise on Probability, 1921. A study of this problem demonstrates Keynes’s understanding of Boole’s technique...

Keynes created, developed, taught and applied his version of the IS-LM model between Dec. 1933 and February 1936 when the General Theory appeared in print. Keynes used a terminology that substituted Liquidity Preference (LP) for the later designations used by Hicks, LL, and Hansen's LM. The...

J M Keynes's supposed attack on mathematical economics is a myth created by Joan Robinson and her fellow Pseudo Keynesians, Austin Robinson and Richard Kahn, as well as by many of their supporters. Nowhere does Keynes attack mathematical economics. Of course, he does attack “pseudo...