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The Myth of Richard Kahn and the Multiplier : Keynes, Not Kahn, Created the Multiplier Concept in 1921 in His a Treatise on Probability and Taught Kahn How to Write His June, 1931...
Brady, Michael Emmett - 2020
possibility of Keynes having written the General Theory in 1936,like the myth that there is no IS-LM mathematical model in the … General Theory , can be traced to deliberate canards made by Joan Robinson repeatedly in her life time.Keynes exposed Robinson … discovered that she did not have the slightest idea about his liquidity preference theory of the rate of interest, which is …
Persistent link: https://www.econbiz.de/10012827432
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On the Explicit Connections Between Keynes’s Chapter 15 of the A Treatise on Probability(1921) and Chapter Four of the General Theory(1936) : Keynes’s Method in the General Theory...
Brady, Michael Emmett - 2020
Finance through the General Theory in 1936, always used his A Treatise on Probability method and methodology of inexact …,Keynes emphasizes that Townshend was correct in his conclusion that the entire concept of the liquidity preference theory of the rate of … and 240 of the General Theory. Of course, it is on these two pages that Keynes's makes the connection between uncertainty …
Persistent link: https://www.econbiz.de/10012832552
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On the Impossibility that J M Keynes Ever Collaborated with R. Kahn, J. Robinson, or A. Robinson When He Wrote the General Theory in 1936
Brady, Michael Emmett - 2017
General Theory was a work of collaboration. Marcuzzo (2002) claims that R. Kahn was a collaborator with Keynes in writing the … General Theory.The post General Theory work of J. Robinson and R. Kahn offers overwhelming evidence that they not only did not … collaborate with Keynes in the writing of the General Theory, but that they had no idea whatsoever about what Keynes was doing …
Persistent link: https://www.econbiz.de/10012946535
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Keynes's Views on Formalism and Mathematics : On the Role Played by Mathematical Formalism in His IS-LP(LM) Model As Presented in the General Theory in Chapter 21
Brady, Michael Emmett - 2017
J. M. Keynes's general comments made on pp. 275-276, pp. 297-298, and p.305 of the General Theory concerning the … potential problems with the model, was presented on pp. 298-303 of the General Theory. Keynes spent five pages listing what … applying the model, were presented by Keynes. Nevertheless, Keynes made it crystal clear on p. 299 of the General Theory that …
Persistent link: https://www.econbiz.de/10012947454
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On J. M. Keynes's 1936 Suggestion of a Keynes-Neoclassical Synthesis to Harrod and Hicks : Why It Fell on Deaf Ears
Brady, Michael Emmett - 2017
time. It was left to Paul Samuelson to institute such a synthesis in 1955. Keynes's model of his theory and the … neoclassical limiting case is provided at the end of chapter 15 and in chapters 20 and 21 of the General Theory in his elasticity … with Backhouse's claims that Keynes never identified his General Theory functions as being curves, because, according to …
Persistent link: https://www.econbiz.de/10012948201
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How J M Keynes's Mathematical IS-LP (LM) Model in the General Theory in Part IV of Chapter 21 Was Overlooked by the Economics Profession
Brady, Michael Emmett - 2017
the General Theory appeared in print. Keynes used a terminology that substituted Liquidity Preference (LP) for the later … briefly in Section IV of chapter 15, and then presented in great detail in Section IV of chapter 21 of the General Theory …
Persistent link: https://www.econbiz.de/10012948500
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J M Keynes's Non (Sub) Additive, Interval Valued Approach to Probability is the Foundation for Both Keynes's Weight of the Evidence Analysis in the A Treatise on Probability and Hi...
Brady, Michael Emmett - 2017
Probability and the concept of uncertainty in the General Theory both follow directly from Keynes's analysis and application of …
Persistent link: https://www.econbiz.de/10012948978