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Keynes On Uncertainty And Tragic Happiness


Keynes On Uncertainty And Tragic Happiness
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Keynes On Uncertainty And Tragic Happiness


Keynes On Uncertainty And Tragic Happiness
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Author : Anna M. Carabelli
language : en
Publisher: Springer Nature
Release Date : 2021-07-23

Keynes On Uncertainty And Tragic Happiness written by Anna M. Carabelli and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-23 with Business & Economics categories.


Most economists who read the General Theory candidly admitted that they could not understand the theoretical apparatus and found it easy to recast it in traditional terms. This book provides a masterful guide to the generally unrecognized methodological revolution that supported the new theoretical concepts -- a veritable lodestone that complements and expands understanding on the treatment of the economic magnitudes appropriate to the ideal of generality in the social sciences, to the applicability of probability, to the formulation of decision-making under uncertainty, and the foundations of economic policy in interdependent economic systems. _Jan Kregel, Levy Economics Institute Anna Carabelli sets out Keynes’s understanding of economics as a way of thinking, encompassing method and morals, rather than as a doctrine. She does so with her customary admirable scholarship and also her willingness to take controversial positions. I commend the volume most highly to Keynes scholars as a drawing-together and development of the themes that Carabelli has pursued since the publication of her 1988 classic, On Keynes’s Method. Further Keynes’s approach was designed to be applied to different contexts, so I enthusiastically recommend the volume also as a foundation and guide for anyone open to such a ‘new way of reasoning in economics’ for the modern era. _Sheila Dow, University of Stirling This book examines the philosophy and methodology of Keynes, highlighting its novelty and how it presented a new form of economic reasoning. Exploring Keynes’s use of non-demonstrative logic, based on probability, commonalities are found in his economics, ethics, aesthetics, and international relations. Insights are provided into his reasoning and his approach to uncertainty, rationality, measurability of complex magnitudes, moral and rational dilemmas, and irreducible conflicts. This book investigates methodological continuity within Keynes’s work, in particular in relation to uncertainty, complexity, incommensurability, happiness and openness. It will be relevant to students and researchers interested in Keynes, probability, ambiguity, ethics and the history of economic thought.



J M Keynes And The History Of Probability


J M Keynes And The History Of Probability
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Author : Francisco Javier Aristimuño
language : en
Publisher: Taylor & Francis
Release Date : 2025-03-18

J M Keynes And The History Of Probability written by Francisco Javier Aristimuño and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-03-18 with Business & Economics categories.


John Maynard Keynes is best known for his contributions to economics, yet he spent nearly two decades exploring the concept of probability. His extensive work culminated in A Treatise on Probability (1921), in which he developed a unique notion of probability that continues to divide scholars regarding its relevance to economic theory. This book delves into the connections between Keynes’s ideas on probability and those of early Enlightenment philosophers, such as Locke, Leibniz, and Hume, who worked on probability before mathematicians claimed ownership over the subject. These authors framed probability as a substitute for knowledge when it is not available. Keynes extended these ideas and engaged directly with Hume on inductive reasoning, placing his concept of probability within a broader philosophical tradition. By tracing these Enlightenment roots, this book provides deeper insight into Keynes’s understanding of probability, clarifying some of the key differences with the subjective approach due to Ramsey and De Finetti. It also summarises the aspects on which probability theory and its corresponding notion of uncertainty are crucial for Keynes’s economic thought, particularly in his General Theory of Employment, Interest and Money. This book is addressed to readers interested in the philosophy of probability and offers economists a fuller understanding of Keynes’s intellectual framework.



Dignity Freedom And Justice


Dignity Freedom And Justice
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Author : Reiko Gotoh
language : en
Publisher: Springer Nature
Release Date : 2024-06-21

Dignity Freedom And Justice written by Reiko Gotoh and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-06-21 with Social Science categories.


This is an open access book. Modern society is characterized by the fact of contingency, uncertainty, and ambiguity. The purpose of this book is to transform this phenomenal fact into a hopeful norm. As a clue, the book examines the concept of dignity and looks forward to a new definition. So far, the concept of dignity has been peripheral to the concerns of liberal social sciences. This book uses the concept of dignity as a source of light to illuminate the fundamental critique of liberal social sciences and philosophy. Can the theory of justice or discourse ethics truly realize the well-defined society it envisions in a fundamentally contingent, uncertain, and ambiguous situation? Can societies be inclusive of minorities relegated to the periphery with their dignity undermined? Can we resist the temptation to construct huge hierarchical stairs, forcing individuals to place themselves on one of its steps, and thus lining up different and diverse entities in along sequence, and eventually bringing about totalitarianism? This book has a three-level telescopic structure. At the very front, there is a scope of reexaming the political liberalism in the light of dignity. Behind it is a scope of reconstructing a theory of justice in modern society. Further behind it, there is a scope encompassing reflection on the methodology of liberal social sciences and philosophy. We leave it to the reader's imagination as to which scope to read this book through, and what image will emerge from the three scopes taken together. It is our hope that this book helps readers envision as a "realistic utopia" a society in which "no one is left behind," including wounded little birds.



Keynes As An Economist World System Planner And Social Philosopher


Keynes As An Economist World System Planner And Social Philosopher
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Author : Toshiaki Hirai
language : en
Publisher: Springer Nature
Release Date : 2024-02-28

Keynes As An Economist World System Planner And Social Philosopher written by Toshiaki Hirai and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-28 with Business & Economics categories.


This book provides an insightful and original perspective on the work and legacy of John Maynard Keynes. It explores his work as an economist, world system planner, and social philosopher to highlight the different ways he influenced economics, economic policy, and the global political economy. Particularly attention is given to the development of the ideas which led up to The General Theory, his role as a planner and negotiator within international organizations, his work on the development of the post-war UK system, his debates with British Economists. This book examines the work and international legacy of one of economics’ defining thinkers. It will be of interest to students and researchers interested in the political economy and the history of economic thought.



Economic Methodology History And Pluralism


Economic Methodology History And Pluralism
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Author : Ioana Negru
language : en
Publisher: Taylor & Francis
Release Date : 2022-12-30

Economic Methodology History And Pluralism written by Ioana Negru and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-12-30 with Business & Economics categories.


Economic Methodology, History and Pluralism: Expanding Economic Thought to Meet Contemporary Challenges pays tribute to Emeritus Professor Sheila Dow (University of Stirling, Scotland). This volume focusses on the contributions of Dow to economic methodology, pluralism and the history of economic thought. These explorations serve to underpin her ideas and theories on macroeconomics, banking and money. Bringing together an impressive panel of contributors, the chapters in this work examine Dow’s writings on structured pluralism and schools of thought, meanings of open and closed systems, reflections on the relationship between economics and other sciences (both social and natural), the methodology of behavioural economics, as well as the political economy of the Scottish school of thought. The book challenges the foundations of the mainstream economics paradigm in a novel and holistic manner, seeking to advance thinking across Dow’s favoured discipline. The essays in this collection provide thought-provoking reading for advanced students and scholars of economic methodology, the history of economic thought, heterodox economics and political economy. The book will also be valued by the economics profession at large, as it contains important elements and ideas concerning ethics, methodology and tolerance within economics as a discipline and as a profession.



Economic Policy And The History Of Economic Thought


Economic Policy And The History Of Economic Thought
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Author : Stavros Drakopoulos
language : en
Publisher: Taylor & Francis
Release Date : 2023-03-23

Economic Policy And The History Of Economic Thought written by Stavros Drakopoulos and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-23 with Business & Economics categories.


This book discusses key issues in economic policy in the context of the history of economic thought. Most of the current and past academic controversies in economics are, explicitly or implicitly, centred around the application and form of economic policy. This is particularly evident in the post-WWII period, with the appearance of economic policy as a distinguishable subfield, but important elements of various economic policy issues can be found throughout the history of economic thought. This book discusses various topics in economic policy – such as questions over state spending and taxation, income redistribution, and the role of money – with each chapter focusing on a particular period or major school of economic thought ranging from the ‘prehistory’ of economics up to the present day. Specific chapters of the volume cover the main schools of economic thought from different national and theoretical traditions, incorporating mercantilism, the Physiocratic School, the German Historical School, Marxism, the Austrian School, institutional economics, Keynesian economics, behavioural economics and more. This book will be of great interest to readers of the history of economic policy as well as the history of economic thought, macroeconomics and economic history more broadly.



Human Capital


Human Capital
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Author : Cosimo Perrotta
language : en
Publisher: Springer Nature
Release Date : 2023-07-29

Human Capital written by Cosimo Perrotta and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-07-29 with Business & Economics categories.


This book presents a new interpretation of the role of human capital and the state in driving economic development. It places these ideas within broader debates within the history of economic thought to highlight how the nature of economic activity is a collective and coordinated process. Through examining how the welfare state reversed traditional accumulation by relying on human capital growth, the importance of the state within the development process is emphasised, alongside the multifaceted nature of competition. Different forms of public expenditure are then evaluated to identify the most productive forms of public spending and the drivers of long term economic development. This book questions the relationship between profits and rent and proposes a new kind of economic development based around human capital. It will be relevant to students and researchers interested in the history of economic thought, the political economy, and labour economics.



Central Banking Monetary Policy And Social Responsibility


Central Banking Monetary Policy And Social Responsibility
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Author : Vallet, Guillaume
language : en
Publisher: Edward Elgar Publishing
Release Date : 2022-08-18

Central Banking Monetary Policy And Social Responsibility written by Vallet, Guillaume and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-18 with Business & Economics categories.


Part of The Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and the economy at large. It focuses on the specific relationship between central banking, monetary policy and social responsibility as central banks wake up to new realities



The Economic Consequences Of The Peace


The Economic Consequences Of The Peace
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Author : John Maynard Keynes
language : en
Publisher: 北戴河出版
Release Date : 2016-10-24

The Economic Consequences Of The Peace written by John Maynard Keynes and has been published by 北戴河出版 this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-24 with Business & Economics categories.




Competing Economic Theories


Competing Economic Theories
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Author : Sergio Nisticò
language : en
Publisher: Routledge
Release Date : 2002-03-14

Competing Economic Theories written by Sergio Nisticò and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-03-14 with Business & Economics categories.


Providing a contemporary overview of the debate amongst theoretical stands in economics, this book brings together contributions from a number of eminent scholars. It covers important issues in methodology and the history of thought, as well as economic analysis. The book is structured in five parts which: focus on the relevance of the history of economic ideas for current economic analysis centre on the role of classical theory of value and distribution contrast the equilibrium approach with an out-of-equilibrium perspective offer an evaluation of the legacy of Keynes in the light of the recent development of macroeconomics is dedicated to the issue of how institutions ought to be embedded in current economic theorising. Providing up-to-date, fresh and detailed perspectives on economic theory, this book will prove invaluable for students and academics in the fields of the history of economics, and contemporary economic theory.