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the process to actually function, so that in the real world it is not instantaneous, with the mathematical theory of the … the General Theory were sound.D. Robertson ‘s confused attempts at critiquing Keynes's concepts of the logical theory of … profession by 1936. Economists were shockingly unprepared in the use of even basic intermediate algebra …
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Economists for over two and one half centuries have completely and totally confused and mixed up the Virtue ethics … forward in both The Theory of Moral Sentiments and The Wealth of Nations. Self interest is prudent behavior. Prudent behavior …
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The major impediment standing in the way for economists seeking to understand Adam Smith's The Theory of Moral … misbelief among economists that Smith was a utilitarian in the WN, as opposed to being a practitioner of Virtue ethics in TTMS …. This error of equivocation occurs because economists mix up Smith's and Bentham's views on the term self interest. It is a …
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that J M Keynes’s contributions to probability and decision theory were of a comparative, qualitative nature only. They … approach in applied areas like decision theory. I have chosen Kyburg, Runde ,and Levi because they are representative of how … complete the job of correctly identifying Keynes’s theory because they restricted their analysis to basically one chapter of …
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