Probability, the General Theory,and the 1937 Quarterly Journal of Economics, reveal that Keynes’s discussions about uncertainty in … the General Theory, and the 1937 Quarterly Journal of Economics article are simply small ,minor footnotes to the A … probability, weight,and his liquidity preference theory of the rate of interest on pages 148 and 240 of the General Theory. There …

Adam Smith completely rejected Utilitarianism in any form in his lifetime in his two major books, the Theory of Moral … the Wealth of Nations (1776) only. The Virtue ethics approach presented in his earlier The Theory of Moral Sentiments … Wealth of Nations in decision theory. The first advance was based on his interval valued approach to probability that, in …

since Smith wrote his Wealth of Nations in 1776. Smith’s approach to decision theory leads directly to the use of …

J M Keynes stated the following on p.xii of his General Theory on December 13,1935: “I have also had much help from Mrs … serious lack of knowledge about his Liquidity Preference theory of the rate of interest that occupied all or some of chapters … 13, 14, 15, 16, 17, 18 and 21 of the General Theory.It was now quite clear to Keynes that Joan Robinson had not …

The current dominant belief among economists that Smith made no original contributions to economic theory outside of …

J. M. Keynes based the ethical foundations of the General Theory on a type of Virtue Ethics that he had learned from G … two major points made by Keynes in the General Theory. First, Utilitarianism, of whatever type, collapses if either the …

chapter 21 of the General Theory that is duplicated in his 1937 Quarterly Journal of Economics article . In his 1937 reply …, his summary of the two main reasons for his disagreement with Classical and Neoclassical theory were connected and not in … the General Theory is simply false with no support. The Neoclassical failure to deal with uncertainty caused the …

Keynes was extremely clear in Section Four of Chapter 21 of the General Theory that his theory of the rate of interest …, Keynes's major contribution to economic theory and monetary economics. It is supported my another related model, which Keynes … multiple independent variables.Opposing Keynes's work in the General Theory and his February, 1937, QJE article, where Keynes …