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A myth has been in existence since 1922 about Keynes, Ramsey and the logical theory of probability that Keynes constructed in Parts I-V of the A Treatise on Probability, 1921.This myth claims that Ramsey found major errors in logic and epistemology in Keynes’s work, which supposedly was about...
Persistent link: https://www.econbiz.de/10014096035
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
A very, very, very severe problem has been occurring repeatedly over the last 100 years in the social sciences and philosophy, when it comes to the question of understanding the meaning of Keynes ‘s logical theory of probability and his concept of rational degrees of belief. It is the failure...
Persistent link: https://www.econbiz.de/10012830367
By the time that Keynes’s logical theory of probability appeared in 1921 in his A Treatise on Probability (1921), Keynes had already used it in his Indian Currency and Finance,1913, personally at the Treaty of Versailles negotiations as the official representative of the British Treasury...
Persistent link: https://www.econbiz.de/10014095758
Keynes spent a tremendous amount of time and energy attempting to tutor Harrod on the mechanics of his IS-LM model between July to September, 1935. Keynes's painstaking slow attempts finally led Keynes in desperation to write a three point postscript to his letter of August, 1935, that is...
Persistent link: https://www.econbiz.de/10012840000
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