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. Keynes correctly showed in the General Theory that you could not specify the rate of interest just from the supply of savings … from error by combining the IS and LM curves together to provide a consistent and coherent theory of the rate of interest … lectures in December, 1933, and included them in the 1934 draft copy of the General Theory, he refused to present this formal …
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J. M. Keynes based the ethical foundations of the General Theory on a type of Virtue Ethics that he had learned from G … two major points made by Keynes in the General Theory. First, Utilitarianism, of whatever type, collapses if either the …
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Keynes's V(a/h) relation, first presented on p.72 of chapter 6 of the A Treatise on Probability (1921), represents the Evidential Weight of the Argument from h to a. H and a are related to each other and can't be separated. V relates two sets of propositions, a and h. H is the premises and a is...
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