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The Financial Crisis of 2008, and the Great Recession in its wake, have shaken up macroeconomics. The paradigm of the "New" Neoclassical Synthesis, which seemed to provide a robust framework of analysis for short-run macro not long ago, fails to capture key elements of the recent crisis. This...
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Boolean based theory of imprecise, indeterminate interval valued probability. Once the link between page 30 of Chapter III and … Pages 160-163 of Chapter XV is understood, then Keynes's use of caprice in the General Theory and the Keynes …-Townshend correspondence can be seen to be an important, but small, part of his general decision theory of the A Treatise on Probability which …
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