Keynes on Uncertainty and Tragic Happiness

Keynes on Uncertainty and Tragic Happiness: Complexity and Expectations
English | 2021 | ISBN: 3030756645 | 189 Pages | PDF EPUB | 5 MB
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