The current dominant belief among economists that Smith made no original contributions to economic theory outside of presenting an original system of thought that was composed of the original analysis of other thinkers is incorrect.Smith made four unique contributions which have been overlooked....

Keynes's initial, introductory presentation of his inexact measurement, approximation approach to interval valued probability occurred on pages 38-40 of chapter III of the A Treatise on Probability. Keynes used a simple diagram on page 38 to illustrate the non linear and non additive nature of...

P. Oslington's (2012) Invisible Hand (the ”providential hand of God”) is viewed by him as the providential hand of God, who is watching over the macro economy of Scotland to make sure that nothing evil befalls the Scottish economy. The problem is that Oslington is completely oblivious to the...