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J. Muth's 1961 article on rational expectations was written without any knowledge on Muth's part about what a subjective theory of probability entails and is based on, or what an objective theory of probability entails and is based on. Muth's disbelief, that the individual, subjective...
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Chapter 1. Introduction : Does Economics Deal with the Economic Stuff? Or Is the Economic Stuff Explained by Economics? -- Chapter 2. Metaphysics, Ontology, and Metaphysical Theories -- Chapter 3. Metaphysical Categories -- Chapter 4. The Metaphysics and Ontology of the Economy. Chapter 5. The...
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