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On Smith's Rejection of Laissez Faire '…And the Magical Working of Markets Guided by the Invisible Hand …' : The 'Malign' Impact of Projectors, Prodigals and Imprudent Risk Takers...

Brady, Michael Emmett - 2018

Persistent link: https://www.econbiz.de/10012916725

Keynes Presented No Concept of 'Radical Uncertainty' in the General Theory or in Any Other Published Work in His Lifetime : '…Even Though It Be on Precarious Evidence…' Does not Tr...

Brady, Michael Emmett - 2018

Persistent link: https://www.econbiz.de/10012917555

Keynes (Boole), Knight, (and Ellsberg) Against Ramsey, De Finetti, and Savage : It Had Nothing to Do with 'Radical Uncertainty', But Involved the Issue of Inexact, Indeterminate, I...

Brady, Michael Emmett - 2018

Persistent link: https://www.econbiz.de/10012918100

Keynes’s IS-LM Model Was Not Meant to Be a Toy for Academic Economists to Play With or ‘Perform Their Accustomed Tricks’ (Hicks)

Brady, Michael Emmett - 2018

Persistent link: https://www.econbiz.de/10012918311

J. M. Keynes's Analysis of the Vertical, Horizontal and Normal Ranges of the LM Curve (Liquidity Preference Function) on Pages 207-208 in Chapter 15 of the General Theory

Brady, Michael Emmett - 2018

J. M. Keynes gave a very detailed analysis of the three different ranges of the LM curve (normal, vertical, horizontal) on pages 207-208 of the General Theory in chapter 15 in the course of his discussions of the problem of Absolute Liquidity Preference in relation to the question of the...

Persistent link: https://www.econbiz.de/10012918507

J M Keynes on the Enemies of Capitalism : The Internal, Endogenous Threat to the Macro Economy from Wall Street Stock Market Speculators and Rentiers

Brady, Michael Emmett - 2018

Persistent link: https://www.econbiz.de/10012919000

On the Many and Great Contradictions Present in Hicks’s June, 1936 Economic Journal Review of the General Theory When Compared to His April, 1937 Econometrica Article : Hicks Did N...

Brady, Michael Emmett - 2018

Persistent link: https://www.econbiz.de/10012919643

On Keynes's Description of the Elasticity of His LP (LM) Curve on page 207 of the General Theory ('The Most Striking Examples of a Complete Breakdown of Stability in the Rate of In...

Brady, Michael Emmett - 2018

J M Keynes's clear and exact statement describing the elasticity of his LP (LM) equation can be contrasted with the complete and total failure on the part of the economics profession, for the last 82 years, to grasp what it was that he was talking about. Keynes's statement on page 207, that "The...

Persistent link: https://www.econbiz.de/10012919914

Keynes and Samuelson Combined Provided the Complete Foundation for a Science of Macroeconomics : Complexity Modeling Is Welcome, But Not Necessary, for a Scientific Foundation for...

Brady, Michael Emmett - 2018

Keynes and Samuelson provided the theoretical, technical and mathematical modeling necessary in order to provide a complete scientific foundation for macroeconomic theory. Keynes's Aggregate Supply Curve (ASC),presented initially on pp. 55-56 in footnote 2 of the General Theory and in great...

Persistent link: https://www.econbiz.de/10012920191

How Keynes's Mathematical Analysis in Chapters 20 and 21 of the General Theory of His Elasticity Ew, Which Could Take on Any Values between ew =0 (Rigid, Given, Fixed, Constant, or...

Brady, Michael Emmett - 2018

Persistent link: https://www.econbiz.de/10012920950