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~person:"Brady, Michael Emmett"
~person:"Colander, David C."
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Keynes’s Concept of Uncertainty Has Absolutely Nothing to Do with the Post Keynesian or Heterodox (J. Robinson, G. L. S. Shackle, P. Davidson, R. Skidelsky, R. O’Donnell) Concept o...
Brady, Michael Emmett
-
2021
Keynes’s concept of uncertainty from his 1908 Cambridge Fellowship dissertation to his death in 1946 was a range concept like probability-it could be measured on the unit interval between 0 and 1[0,1]. Uncertainty was an inverse function of what Keynes defined to be the evidential weight of...
Persistent link: https://www.econbiz.de/10013242857
Saved in:
2
Economics
Colander, David C.
-
2024
-
Twelfth edition, international student edition
Persistent link: https://www.econbiz.de/10014306937
Saved in:
3
Can Shiozawa’s, Morioka’s and Taniuchi’s Microfoundations for Evolutionary
Economics
(2019) Serve As the Microfoundations for “… Post-Keynesian
Economics
“ (2019, p.vii)? The Answe...
Brady, Michael Emmett
-
2020
Persistent link: https://www.econbiz.de/10012839128
Saved in:
4
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
Joan Robinson created a large number of myths in her lifetime aimed at attacking Keynes, such as the claim about R. Kahn inventing and teaching Keynes about the Multiplier, her claim that Keynes’s ‘instantaneous ‘ multiplier is highly suspect, her claim that Keynes had a purely monetary...
Persistent link: https://www.econbiz.de/10013242515
Saved in:
5
Joan Robinson Never Understood Any Part of Keynes’s Liquidity Preference Theory of the Rate of Interest in the General Theory
Brady, Michael Emmett
-
2021
Keynes‘s first paragraph in his letter of the 9th of November,1936, is the following two lines: “I beg you not to publish. For your argument as it stands is most certainly nonsense.”Anyone who reads this correspondence will soon realize that it was simply impossible for Joan Robinson to...
Persistent link: https://www.econbiz.de/10013242633
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6
J M Keynes’s Theory of Evidential weight can only be expressed in a formal manner as V=V(a/h) =V(a/h1, h2, h3, h4……hn, hn+1….) =w, 0≤w≤1, where w=K/[K+I] and 1-w=I/[K+I] when K=kno...
Brady, Michael Emmett
-
2021
In 1990,J. Runde presented a formal, mathematical representation of Keynes’s theory of evidential weight, as presented in chapters 6 and 26 of Keynes’s A Treatise on Probability ,as V(a/h)=V = K/(K+I).In 1999,A. Vercelli revised this to read as V =V(a/h) = K/(K+I), 0≤V≤1.We can identify...
Persistent link: https://www.econbiz.de/10013244590
Saved in:
7
Keynes’s Philosophy of Mathematics Can’t Be Mastered by Reading the Notes of His
Economics
Lectures Made by His Students in the Years 1932–35
Brady, Michael Emmett
-
2019
answer regarding Keynes's views on the role of mathematics and systems of equations in
economics
. Keynes's philosophy can be …
Persistent link: https://www.econbiz.de/10012870871
Saved in:
8
Who were the Real ‘Bastard Keynesians’? The Neoclassical Synthesis Keynesians (Samuelson, Hansen, Hicks, Klein, Solow) or the Post Keynesians (Joan Robinson, Austin Robinson, Richa...
Brady, Michael Emmett
-
2017
Persistent link: https://www.econbiz.de/10012947733
Saved in:
9
How Kahn and the Robinsons Knew for Certain by August 1937, that Keynes's Theory of Interest Rate Determination Combined Liquidity Preference with the Incomplete Neoclassical Theor...
Brady, Michael Emmett
-
2017
Theory and the Quarterly Journal of
Economics
reply article, published earlier in February 1937, was an IS-LP(LM) approach …
Persistent link: https://www.econbiz.de/10014119052
Saved in:
10
A Simplified, Graphical Exposition of Keynes's Argument on Pages 179-181 of the General Theory About the Equation Missing from the Neoclassical Theory of the Rate of Interest
Brady, Michael Emmett
-
2018
Keynes provided a technical analysis on pages 179-181 of the General Theory that identified two separate rates of interest, r1 and r2, each different rate of interest associated with a different Demand for Investment and Supply of Savings Intersection. Each combination would provide a different,...
Persistent link: https://www.econbiz.de/10012926784
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