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The quality of J. Robinson's short book, On Re-reading Marx, is so poor that it calls into question her capability to do research independent from the constant help, supervision and aid of Richard Kahn. The three essays, in fact, demonstrate and reflect her own actual ability to do economic...
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W Brian Reddaway's IS-LM model ,contained in his 1936 Economic Record paper that reviewed the General Theory, is inferior to both the original December, 1933 Keynes model, originally presented to his students, that Keynes updated in November, 1935 and the 1936 IS-LP(LM) model that Keynes briefly...
Persistent link: https://www.econbiz.de/10012932398
J Derbyshire has recently repeated G L S Shackle's original attack on the concept of probability in a number of recent articles. He adds nothing new to Shackle's arguments of forty to eighty years ago that were completely refuted in 1959 by R. Weckstein, who based his refutation of Shackle on a...
Persistent link: https://www.econbiz.de/10012933480
J M Keynes could not respond to Ramsey’s 1922 Cambridge Magazine “article” because Keynes’s response would have required him to methodically show that every paragraph of Ramsey’s 3 page note didn’t make any sense at all due to the large numbers of errors of commission and omission....
Persistent link: https://www.econbiz.de/10013237449
The first page of the 18 year old, F. P. Ramsey’s very short three page review, in the Cambridge Magazine issue of Jan., 1922, of Keynes’s A Treatise on Probability is comprised of claims about Keynes’s logical theory of probability that, to use L. J. Savage’s characterization of...
Persistent link: https://www.econbiz.de/10013237897