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Extreme mathematical illiteracy played a basic, fundamental role in the assessments made by Joan Robinson, Ralph Hawtrey and Dennis Robertson of Keynes's Theory of Liquidity Preference, which Harrod described in an August 30 1935, letter to Keynes as a major reconstruction of interest rate...
Persistent link: https://www.econbiz.de/10012911779
Joan Robinson did not understand the connection between Keynes's concept of the weight of the evidence from the A treatise on Probability and the concept of the weight of the evidence from the General Theory. She mixed up Keynes's concept of uncertainty, which is based on missing evidence or...
Persistent link: https://www.econbiz.de/10012928375
Persistent link: https://www.econbiz.de/10012931457
Keynes ‘s first paragraph in his letter of the 9th of November, 1936, to Joan Robinson is the following two lines: “I beg you not to publish. For your argument as it stands is most certainly nonsense.”Anyone who reads this correspondence will soon realize that it was simply impossible for...
Persistent link: https://www.econbiz.de/10013242620
Keynes‘s first paragraph in his letter of the 9th of November,1936, is the following two lines: “I beg you not to publish. For your argument as it stands is most certainly nonsense.”Anyone who reads this correspondence will soon realize that it was simply impossible for Joan Robinson to...
Persistent link: https://www.econbiz.de/10013242633