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On the Post Keynesian (J. Robinson, GLS Shackle, R. Skidelsky) Attempt to Substitute J M Keynes’s 1937 QJE article, The General Theory of Employment for J M Keynes’s 1936 General T...
Brady, Michael Emmett - 2020
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 …
Persistent link: https://www.econbiz.de/10014092174
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On Joan Robinson’s Completely Successful Indoctrination of John Kenneth Galbraith : Turning a Potential Keynesian Into an Actual Robinsonian
Brady, Michael Emmett - 2020
results were a striking success for Joan Robinson. An examination of Galbraith’s comments on Keynes and the General Theory in …
Persistent link: https://www.econbiz.de/10014092672
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One Hundred Years After Keynes Published His a Treatise on Probability in 1921, Edgeworth’s Two Reviews Still Stand Out As Being Vastly Superior to the Assessments Made by Any Othe...
Brady, Michael Emmett - 2020
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 …
Persistent link: https://www.econbiz.de/10014093422
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The Fundamental, Macroeconomic Problem Is Not Uncertainty, Which Knight Stated Can Be Dealt With by ‘Estimates’ and Which Keynes Dealt With by ‘Interval Valued Probability’ and ‘Co...
Brady, Michael Emmett - 2020
Aristotle's analysis of the misuse of money provided the fundamental analysis of the dangers caused by segments of the upper income class that Socrates characterized as sophistic and sycophantic. Socrates saw that the problem was that parts of the upper income class sought their political and...
Persistent link: https://www.econbiz.de/10014095351
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On the Erroneous Heterodox and Post Keynesian Belief That Keynes’s Interval Valued Decision Theory in the A Treatise on Probability (1921) Was an Ordinal Theory of Probability
Brady, Michael Emmett - 2019
misinterpreted and misrepresented Keynes's introductory analysis on interval valued probability as an ordinal theory of probability ….The result of this misinterpretation and misrepresentation of Keynes's decision theory can be seen in the response of public …
Persistent link: https://www.econbiz.de/10012858777
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R. B Braithwaite’s Editorial Foreword to the 1973 Collected Writings of John Maynard Keynes Edition of Keynes’s a Treatise on Probability Is ‘…Very Puzzling, indeed.’ (Skidelsky, 1...
Brady, Michael Emmett - 2020
Keynes's logical theory of probability,which is silly: “Braithwaite's reaction [author's note-Braithwaite's reaction to … the addition rule(additivity) is a special case only in chapters 10-14 while chapters 15-17 contain Keynes's theory of …
Persistent link: https://www.econbiz.de/10012825285
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How J M Keynes Could Have Ended the Eighteen Year Old F P Ramsey’s Academic Career Before It Started : On Keynes’s Easy, Possible Paragraph by Paragraph Intellectual Decimation, Ob...
Brady, Michael Emmett - 2021
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
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On the Joan Robinson Myth about M. Kalecki Publishing a Version of the General Theory (1936) before Keynes in 1933-1935 : Quite Impossible, Since Kalecki, a Frequentist, Never Wrot...
Brady, Michael Emmett - 2021
suspect, her claim that Keynes had a purely monetary theory of the rate of interest, her claim that there is no IS-LM model in … the General Theory, her claim that users of the IS-LM model that Keynes created are Bastard Keyesians, her claim that J … theory of value, her claim that Kahn was responsible for developing Keynes’s aggregate supply function in the General Theory …
Persistent link: https://www.econbiz.de/10013242515