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definition of uncertainty given by Keynes in footnote 1 on page 148 of the General Theory that was repeated on page 240 of the … General Theory.The footnotes on page 148 and 240 of the General Theory are the foundation for Townshend's summary of the 1937 … evidence (argument) from the A Treatise on Probability were the foundation for Keynes's liquidity preference theory of the rate …
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"This book revisits Kalecki's theory of the firm to show that it constitutes fertile theoretical ground on which to … of Kalecki and Shackle, as well as Kaleckian price theory. This book will be important reading for anyone interested in …
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neoclassical theory to deal with uncertainty and risk aversion is based upon a string of assumptions which are empirically false …In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under … uncertainty and risk aversion which resolves problems left unsolved by Keynes in a manner consistent with his work. Keynes …
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What we show is this article is that there is a link between Post- Keynesian theory and Institutional Economy. This …
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