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On the Strange Disappearance from the Keynes papers-King’s Archive, Cambridge, of Seven of Keynes’s Twelve letters to Joan Robinson between September 8th and November 9th,1936 : So...
Brady, Michael Emmett - 2020
Keynes’s liquidity preference theory of the rate of interest, which lies at the heart of the General Theory(GT,1936).Some … letters contain Keynes’s highly critical observations of her knowledge of basic economic theory, as well as Keynes …’s characterization of Robinson’s understanding of the Keynesian theory of liquidity preference as being “nonsense”. This unknown person …
Persistent link: https://www.econbiz.de/10014091971
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Keynes’s Concept of Uncertainty Has Absolutely Nothing to Do with the Post Keynesian or Heterodox (J. Robinson, G. L. S. Shackle, P. Davidson, R. Skidelsky, R. O’Donnell) Concept of Fundamental, Radical, or Irreducible Uncertainty : Uncertainty Was Always Defined as a Range by Keynes so that It Always Came in Degrees
Brady, Michael Emmett - 2021
anything Keynes was talking about in either the A Treatise on Probability or General Theory. Keynes only realized this only …
Persistent link: https://www.econbiz.de/10013242857
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How J M Keynes Corrected the Only Major Error He Made in His General Theory in His Correspondence with J. Robinson between September and November, 1936 : His Mention of Mrs. Joan R...
Brady, Michael Emmett - 2021
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 …
Persistent link: https://www.econbiz.de/10013250996
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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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Keynes’s Canonical Statements on Uncertainty Appear in his 1921 a Treatise on Probability in Chapter 26 on Pages 309-312 : Statements about Uncertainty in the General Theory in 193...
Brady, Michael Emmett - 2019
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 …
Persistent link: https://www.econbiz.de/10014104170
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Keynes's Section 8 of Chapter 12 of the General Theory Completely Refutes Shackle's Unknowledge Definition of Uncertainty, His Attack on IS-LM and All 'Chapter 12' Types of Keynesi...
Brady, Michael Emmett - 2019
Shackle's attempt to completely redefine Keynes's definition of uncertainty in chapter 12 of the General Theory, which … 10 years in the General Theory ,and 20 to 33 years in his 1937 Quarterly Journal of Economics article. Keynes's IS … concerning the use of his IS-LM(LP) model on pages 298-303 of the General Theory, to calculate a quantitative, determinate …
Persistent link: https://www.econbiz.de/10012896971