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The mis-belief that Keynes ‘s concept of the evidential weight of the evidence ,V=V(a/h),in chapter 6 of the A Treatise on Probability, represented a measure of the absolute amount of relevant evidence ,can be traced back to some 40 book and journal contributions made by I J Good between 1950...
Persistent link: https://www.econbiz.de/10012832514
Keynes’s liquidity preference theory of the rate of interest, which lies at the heart of the General Theory(GT,1936).Some … letters contain Keynes’s highly critical observations of her knowledge of basic economic theory, as well as Keynes …’s characterization of Robinson’s understanding of the Keynesian theory of liquidity preference as being “nonsense”. This unknown person …
Persistent link: https://www.econbiz.de/10014091971
The myth, that R. Kahn developed the mathematical and logical theory of the multiplier and then taught J M Keynes about … able to write and publish the General Theory in February, 1936. This myth, like the myth that there is no IS …-LM mathematical model in the General Theory, can be traced directly to deliberate canards originally made up by Joan Robinson …
Persistent link: https://www.econbiz.de/10014093826
in Keynes’s logical theory of probability unless he had been a rated tournament chess player who understood the important … Keynes encompass a knowledge of Keynes’s logical theory of probability or Keynes’s concept of the role of intuition in … to her biography on Frank Ramsey, whose subjective theory of probability was regarded by Keynes as a academic exercise …
Persistent link: https://www.econbiz.de/10014095827
Ramsey’s many ,many confusions and errors about Keynes’s logical theory of Probability all stem from his failure to a …’s logical theory of probability that Keynes had built on in Parts II,III,IV,and V of the A Treatise on Probability,c) his …) biography of Ramsey,where it is asserted that Ramsey easily demolished Keynes’s logical theory of probability or S Bradley …
Persistent link: https://www.econbiz.de/10014096423
(statistics, inexact measurement,and approximation, as discussed by Keynes in Chapter Four of the General Theory on pp.39-40 and 43-44) of … needed by students to understand Keynes’s views in the Treatise on Probability and General Theory.Any primary source of … discussion about the links between the A Treatise on Probability and General Theory MUST incorporate Keynes’s exchanges between …
Persistent link: https://www.econbiz.de/10013239705
silly, stupid, and foolish example of what Ramsey claims is an application that follows from Keynes’s logical theory of … brilliant. Keynes’s theoretical exposition of propositions for use in his logical theory of probability, as detailed on pages 4 …
Persistent link: https://www.econbiz.de/10013239729
Cambridge Magazine, contains many false representations of Keynes’s logical theory of probability. This “review” is the … Ramsey had no idea about what he was talking about since the core of the A Treatise on Probability ,Part II,is a theory of … mathematical theory of the calculus of probability that forms the foundation of Ramsey’s additive ,exact, precise theory of …
Persistent link: https://www.econbiz.de/10013239895
suspect, her claim that Keynes had a purely monetary theory of the rate of interest, her claim that there is no IS-LM model in … the General Theory, her claim that users of the IS-LM model that Keynes created are Bastard Keyesians, her claim that J … theory of value, her claim that Kahn was responsible for developing Keynes’s aggregate supply function in the General Theory …
Persistent link: https://www.econbiz.de/10013242515
Theory between 1930 and February, 1936, given the nature of these exchanges.Keynes is very specific as regards his Liquidity … preference theory of the rate of interest:“You do not seem to realize that if you are right the whole theory of liquidity …, Keynes spent a great deal of time and effort trying to correct her many errors about his Liquidity Preference Theory of the …
Persistent link: https://www.econbiz.de/10013242633