Robert Pollin Debunks Arguments for Austerity

A nice interview here with Robert N. Pollin (professor of economics at the University of Massachusetts-Amherst) on the Real News Network, who debunks the arguments for austerity. I think this was originally done in 2010, but it is just as relevant today.

Michael Emmett Brady’s Papers on Keynes: A Bibliography

I am deeply immersed in the biography of John Maynard Keynes at the moment. I am also rapidly coming to the point in my readings where Keynes publishes his Treatise on Probability (1921). That being so, I will start a list below of papers by Michael Emmett Brady on Keynes’s contribution to probability theory and on broader issues:

Brady, Michael Emmett, 1983. The Foundation of Keynes’s Macrotheory: His Logical Theory of Probability and its Application in the General Theory and After, Ph.D. Dissertation, University of California, Riverside.

Brady, Michael Emmett, 1987. “J. M. Keynes’ Theory of Evidential Weight: Its Relation to Information Processing Theory and Application in the General Theory,” Synthese 71: 37–60.

Brady, Michael Emmett, 1988. “J. M. Keynes’s Position on the General Applicability of Mathematical, Logical and Statistical Methods in Economics and Social Science,” Synthese 76.1: 1–24.

Brady, Michael Emmett and Howard B. Lee, 1989. “Dynamics of Choice Behavior: The Logical Relation Between Linear Objective Probability and Nonlinear Subjective Probability,” Psychological Reports 64: 91-97.

Brady, Michael Emmett, 1990. “The Mathematical Development of Keynes’s Aggregate Supply Function in the General Theory,” History of Political Economy 22.1: 167-172.

Brady, Michael Emmett, 1993. “J. M. Keynes’s Theoretical Approach to Decision-Making under Conditions of Risk and Uncertainty,” The British Journal for the Philosophy of Science 44.2: 357–376.

Brady, Michael Emmett, 1994. “Keynes, Pigou and the Supply Side of the General Theory,” History of Economics Review 21: 34–46.

Brady, Michael Emmett, 1994. “A Note on the Keynes-Pigou Controversy,” History of Political Economy 26.4: 697–705.

Brady, Michael Emmett, 1994. “On the Application of J. M. Keynes’s Approach to Decision Making,” International Studies in the Philosophy of Science 8.2: 99–112.

Brady, Michael Emmett, 2010. “A Comparison-Contrast of Adam Smith, JM Keynes and Jeremy Bentham on Probability, Risk, Uncertainty, Optimism-Pessimism and Decision Making with Applications Concerning Banking, Insurance and Speculation,” SSRN Working Paper Series.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1728225

Brady, Michael Emmett and Rogério Arthmar, 2010. “Keynes’ Lower-Upper Bound Interval Approach to Probability,” SSRN Working Paper Series (February 2).
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1546726

Brady, Michael Emmett, 2010. “How to Use Keynes’s Conventional Coefficient of Risk and Weight, c, to Clear Up Misunderstandings and Confusions About Keynes’s Views on the Use on His Principle of Indifference Versus the Use of Laplace’s Principle of Nonsufficient Reason,” SSRN Working Paper Series (November 27).
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1716043

Brady, Michael Emmett, 2011. “Comparing J. M. Keynes’s and F. Von Hayek’s Differing Definitions of Uncertainty as it Relates to Knowledge: Keynes’s Unavailable or Missing Knowledge Concept Versus Hayek’s Dispersal of Knowledge Concept,” SSRN Working Paper Series.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1751569

Brady, Michael Emmett, 2011. “Keynes, Mathematics and Probability: A Reappraisal,” SSRN Working Paper Series, August 31.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1920569

This is a quick list. No doubt I’ve left things out. I will update as needed.

Note that other treatments can be found in Carabelli (1988); Fitzgibbons (1988); O’Donnell (1989); Moggridge (1992: 143–166); and (Skidelsky 1992: 74–89). Other relevant works are in the bibliography below.


BIBLIOGRAPHY

Bateman, Bradley W. 1987. “Keynes’s Changing Conception of Probability,” Economics and Philosophy 3: 97-119.

Carabelli, Anna M. 1988. On Keynes’s Method, Macmillan, Basingstoke.

Cottrell, A. 1993. “Keynes’s Theory of Probability and its Relevance to His Economics: Three Theses,” Economics and Philosophy 9: 25-51.

Davidson, Paul. 1991. “Is Probability Theory Relevant for Uncertainty? A Post Keynesian Perspective,” Journal of Economic Perspectives 5.1: 129-143.

De Carvalho, Fernando J. Cardim. 1988. “Keynes on Probability, Uncertainty, and Decision Making,” Journal of Post Keynesian Economics 11.1: 66-81.

Fitzgibbons, Athol. 1988. Keynes’s Vision: A New Political Economy, Clarendon, Oxford.

Gillies, D. 2006. “Keynes and Probability,” in R. Backhouse and B. Bateman (eds.), The Cambridge Companion to Keynes Cambridge University Press, Cambridge and New York. 199-216.

Moggridge, D. E. 1992. Maynard Keynes: An Economist’s Biography, Routledge, London.

O’Donnell, R. M. 1989. Keynes: Philosophy, Economics and Politics: The Philosophical Foundations of Keynes’s Thought and their Influence on his Economics and Politics, Macmillan, Basingstoke.

Ramsey, F. P. 1989 [1922]. “Mr Keynes on Probability,” British Journal for the Philosophy of Science 40.2: 219-222.

Roncaglia, Alessandro. 2009. “Keynes and Probability: An Assessment,” European Journal of the History of Economic Thought 16.3: 489-510.

Rotheim, Roy J. 1988. “Keynes and the Language of Probability and Uncertainty,” Journal of Post Keynesian Economics 11.1: 82-99.

Skidelsky, R. J. A. 1992. John Maynard Keynes: The Economist as Saviour, 1920–1937 (vol. 2), Macmillan, London.