, mathematical, modeling strategy of A C Pigou in his The Theory of Unemployment (1933).Pigou's approach was to treat macroeconomic … the General Theory was written by A. Greenspan in 2004 …

The major error made in the history of economic thought concerning Keynes's General Theory is the false belief that he …, mathematical equations .Of course, Keynes was very critical in the General Theory of precisely this Marshallian, partial … equilibrium, approach to macroeconomics as used by Pigou in 1933 in The Theory of Unemployment. Keynes's critique of Pigou was …

Keynes made it clear to Townshend in their 1937-38 exchanges that Townshend's assessment, that Keynes ‘s theory of … liquidity preference in the General Theory was based on Keynes's non numerical probabilities and weight of evidence … importance of Keynes's comments on pages 148 and 240 of the General Theory. There is absolutely no support for any heterodox and …

Theory by Keynes is identical to the exposition given by Keynes in chapter 26 of the A Treatise on Probability in footnote 1 … on page 315. The mathematical theory requires that the limit be taken of an infinite, declining, geometric series of … show that they have nothing to do with what Keynes wrote on pages 122-123 and the General Theory …

only in the standard mathematical theory of probability. The crucial assumption for Ramsey was additivity. Of course …

A major source of confusion about Keynes’s Liquidity Preference theory of the rate of interest is the failure of … readers of the General Theory to recognize that chapter 13 is an introductory chapter that lays the ground work and … foundations for chapter 15. Keynes’s actual theory is presented in chapters 15. All of the elements are then brought together in …

1937 QJE article that directly conflicted with what he had stated in the General Theory.The major change that was claimed …. Keynes’s discussions in chapter 12 of the General Theory or in the 1937 QJE article provide nothing new or novel and are, at … on Probability and the General Theory, due to her severe mathematical ineptitude and innumeracy. This is why the exchange …

F Y Edgeworth made the only correct assessment of Keynes’s Logical Theory of Probability, as presented in his A … ordinal theory of probability directly clash with the conclusions of every philosopher who has written on the A Treatise on … Probability, since all philosophers support the conclusion that Keynes was suggesting or hinting at the use of an interval theory …

F. Y. Edgeworth made the only correct assessment of Keynes’s Logical Theory of Probability in his A Treatise on …’s claim, that he was the first to have put forth a detailed interval valued approach for a logical theory of probability, is …