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A Critical Reorientation of Keynes’s Economic and Philosophical Thoughts

Izumi Hishiyama

Chapter 10 in Fundamental Uncertainty, 2011, pp 232-271 from Palgrave Macmillan

Abstract: Abstract To Keynes, probability is a property, not of natural and social events, but of an individual’s knowledge; an idea that originated, it would appear, from the views of Locke and Hume.1 That position is clearly distinguished from the character of ‘frequency theory’.

Keywords: Moral Science; Effective Demand; Inductive Generalization; Probable Belief; Probable Knowledge (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30568-7_10

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DOI: 10.1057/9780230305687_10

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