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Very severe contradictions, inconsistencies, and confusions exist in the exchanges between two Heterodox economists, who are considered to be the top Heterodox experts on Keynes's A Treatise on Probability, logical theory of probability, and of the connections between the A Treatise on...
Persistent link: https://www.econbiz.de/10012824402
The SIPTA (Society for Imprecise Probability,Theory and Application) view of Keynes's contributions to imprecise probability and application form a one-to-one, onto mapping from the claims of Henry E. Kyburg to what is accepted as being what Keynes's contribution was. Thus, if one is familiar...
Persistent link: https://www.econbiz.de/10012825120
It is ‘…quite puzzling,indeed'(Skidelsky,1992p.71) how a paper as extremely poor and deficient as R. B. Braithwaite's editorial foreword could have been selected to appear at the beginning of the 1973 Collected Writings of John Maynard Keynes, Volume 8, version of the A Treatise on...
Persistent link: https://www.econbiz.de/10012825285
The very recent publication of C. Misak's autobiography of F P Ramsey in 2020, as well as a number of book reviews made by different reviewers of that book, have resulted in the resurrection of highly misleading claims made by F. Ramsey, when he was 18 years old, that can only be characterized...
Persistent link: https://www.econbiz.de/10012825560
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No model can ever be true. By definition, models are only, at best, approximations to reality. Some models are better approximations than others, so one can talk about one model being better than another model. However, to talk about a model yielding true predictions means that the speaker does...
Persistent link: https://www.econbiz.de/10012825898
Persistent link: https://www.econbiz.de/10012826330
The unanimous conclusion of philosophers and economists over the last 100 years is that Keynes‘s contribution to a theory of imprecise probability in his A Treatise on Probability was to provide some interesting notions, intuitions, ideas, suggestions, hints, or clues about imprecise...
Persistent link: https://www.econbiz.de/10012826837