Author Page for Michael Emmett Brady

1.

On Adam Smith's Major, Original Contributions to Economic Theory and Decision Making

Scholedge International Journal of Business Policy & Governance, Vol. 03, Issue 03 (2016) pg. 39-50

Number of pages: 13 Posted: 09 Jun 2014 Last Revised: 27 Apr 2016

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 1,661 (21,383)

Citation 6

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5.

Adam Smith Was Consistent in Both the Theory of Moral Sentiments and the Wealth of Nations on the Role of the Concept of Self Interest: Das Utilitarian Economist View Is the Problem

Number of pages: 18 Posted: 23 Apr 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 646 (80,451)

Citation 2

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6.

Adam Smith's Theory of Probability and the Roles of Risk and Uncertainty in Economic Decision Making

International Journal of Applied Economics and Econometrics, Volume 23, No.1 (Jan.-Mar.), 2015

Number of pages: 23 Posted: 30 Jun 2013 Last Revised: 27 Jan 2015

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 573 (93,555)

Citation 22

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7.

Jesus As a Philosopher: At the interface between Ethics, Economics, Politics, and Civics over 2000 years ago

Number of pages: 14 Posted: 24 Nov 2020

Michael Emmett Brady, Donald Fling and Clark Tang

California State University, Dominguez Hills, Wing Chun Temple and Independent

Downloads 484 (115,989)

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8.

From Adam Smith to John Maynard Keynes and Back to Adam Smith: The Circle Closes. The Old Economic Thinking of Smith and Keynes Combined is Still Superior to Any 'New Economic Thinking'

Number of pages: 48 Posted: 01 Jun 2014

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 479 (116,599)

Citation 13

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9.

Keynes’ Lower-Upper Bound Interval Approach to Probability

Posted: 03 Feb 2010 Last Revised: 26 Apr 2010

Rogério Arthmar and Michael Emmett Brady

Universidade Federal do Espirito Santo and California State University, Dominguez Hills

Downloads 474 (118,103)

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10.

On Adam Smith's Anti-Utilitarianism in the Wealth of Nations

Number of pages: 27 Posted: 07 Jun 2015

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 445 (127,183)

Citation 8

Abstract:

11.

Integrating the Formal, Technical, Mathematical Foundations of Keynes’s D-Z Model of the Theory of Effective Demand Into Keynes’s Decision Theory: Toward a New (and Final?) Interpretation of the General Theory

International Journal of Applied Economics and Econometrics, Vol. 17, No. 3, pp. 195-235, July-September, 2009

22.

Adam Smith's Prudence (Self Interest-Self Love) Was the Bedrock Foundation and Necessary Condition for the Attainment of All Other Virtues in the Theory of Moral Sentiments and the Wealth of Nations

Number of pages: 15 Posted: 03 Apr 2018

Number of pages: 29 Posted: 28 Nov 2016 Last Revised: 04 Dec 2016

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 150 (375,689)

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40.

J M Keynes's Concept of Uncertainty has Nothing to do with Paul Davidson's Ergodic-Non Ergodic Distinction, which Requires that the Limiting-Relative Frequency Interpretation of Probability be the General Case

Number of pages: 22 Posted: 09 Dec 2013 Last Revised: 14 Dec 2013

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 148 (379,861)

Abstract:

41.

The Mathematically Erroneous, Error Filled Post Keynesian 'D-Z' Model: Blaming J M Keynes for 60 Years of Post Keynesian Errors and Mistakes

Number of pages: 16 Posted: 01 Sep 2013

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 147 (381,873)

Citation 2

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42.

Brady, Michael Emmett. (2015). Adam Smith, not J M Keynes or Frank Knight, was the First Scholar to make the Uncertainty – Risk Distinction Explicitly and Apply it Rigorously . Scholedge International Journal of Management & Development. Vol.02, Issue 09, pp.24-36.

Number of pages: 26 Posted: 05 Sep 2015 Last Revised: 20 Jan 2016

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 137 (403,651)

Citation 4

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47.

J M Keynes's Aggregate Supply Function, Z, is Simply Pigou's Aggregate Supply Function with Price and Profit Expectations Substituted for Realized Prices and Actual Economic Profit

Number of pages: 35 Posted: 16 Feb 2017 Last Revised: 11 Jan 2018

Number of pages: 24 Posted: 30 Nov 2017 Last Revised: 28 Dec 2017

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 131 (418,129)

Citation 1

Abstract:

51.

Indeterminate versus Imprecise Interval Probabilities: The Keynes-Knight and the De Finetti-Savage Approaches

Number of pages: 13 Posted: 05 Feb 2015

Michael Emmett Brady and Rogério Arthmar

California State University, Dominguez Hills and Universidade Federal do Espirito Santo

Downloads 128 (425,539)

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52.

Adam Smith's Wealth of Nations after 240 Years: It Is still the Work of an Intellectual Giant Towering Heads and Shoulders Above the Benthamite Utilitarian Economists of the 18th, 19th, 20th and 21st Centuries

Number of pages: 32 Posted: 17 Nov 2017

Number of pages: 13 Posted: 08 Aug 2015

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 124 (436,065)

Citation 3

Abstract:

56.

On Fisher's Review of J M Keynes's A Treatise on Probability - A Fiasco

Number of pages: 26 Posted: 15 Feb 2016 Last Revised: 17 Feb 2016

Number of pages: 45 Posted: 20 Dec 2017

Scholedge International Journal of Management & Development. Vol. 02, Issue 11 (2015), pp.7-20.

Number of pages: 25 Posted: 21 Nov 2017

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 100 (510,279)

Citation 4

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69.

Paul Davidson, the Post Keynesians, and the Inductive Fallacy of Conditional A Priorism (Long Runism) - Why the Ergodic-Non Ergodic Distinction is Meaningless and Erroneous for ALL Decision Makers

Number of pages: 11 Posted: 22 Jun 2015 Last Revised: 15 Aug 2015

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 99 (513,780)

Citation 1

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70.

The Open Journal of Economics and Finance, Volume 2, No.1, ,pp. 13-19, 2018

Number of pages: 26 Posted: 19 Jul 2017 Last Revised: 13 May 2018

Number of pages: 14 Posted: 05 Jun 2017

Michael Emmett Brady and Carmine Gorga

California State University, Dominguez Hills and The Somist Institute

Downloads 85 (565,790)

Citation 19

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80.

Schumpeter's Misevaluation of Adam Smith's Original Contributions in the Wealth of Nations - What Schumpeter Overlooked in Chapter 10 of Part I

Number of pages: 16 Posted: 06 Aug 2015

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 83 (573,854)

Citation 2

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81.

Buddha and Adam Smith on Attaining Happiness: A Very Great Degree of Similarity in Their Analysis and Conclusions

Number of pages: 23 Posted: 31 Jan 2019

Michael Emmett Brady and Clark Tang

California State University, Dominguez Hills and Independent

Downloads 82 (577,909)

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82.

How J M Keynes Presented the Technical Analysis of His IS and LM Curves in the General Theory in 1936: Why D. Champernowne Got It Right in 1936 and Hicks (Harrod, Meade, Lange) Got a Big Part of It Wrong in 1937 and 1938

Number of pages: 22 Posted: 24 Apr 2017 Last Revised: 26 Apr 2017

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 82 (577,909)

Citation 23

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83.

On Keynes's Description of the Elasticity of His LP (LM) Curve on page 207 of the General Theory ('The Most Striking Examples of a Complete Breakdown of Stability in the Rate of Interest, Due to the Liquidity Function Flattening Out in One Direction or the Other, Have Occurred in Very Abnormal Circumstances.'): Why It was Overlooked for 82 Years by Economists

Number of pages: 42 Posted: 21 May 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 81 (582,088)

Abstract:

84.

A Comparison-Contrast between Adam Smith and Paul Davidson on the Definition and Application of the Uncertainty Versus Risk Concept in Economics

Number of pages: 49 Posted: 20 Jan 2015

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 81 (582,088)

Citation 2

Abstract:

85.

Confusing Keynes's Theory of the Rate of Interest in the General Theory with Keynes's IS-LM (LP) Model: There is No IS-LM (LP) Model in Chapter 18 of the General Theory Because Keynes Put His IS-LM (LP) Model in Chapters 15 and 21 of the General Theory

Downloads 79 (590,627)

2

Confusing Keynes's Theory of the Rate of Interest in the General Theory with Keynes's IS-LM (LP) Model: There is No IS-LM (LP) Model in Chapter 18 of the General Theory Because Keynes Put His IS-LM (LP) Model in Chapters 15 and 21 of the General Theory

Number of pages: 23 Posted: 16 Nov 2017

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 48 (770,690)

Abstract:

Confusing Keynes's Theory of the Rate of Interest in the General Theory with Keynes's IS-LM(LP) Model: There Is No IS-LM (LP) Model in Chapter 18 of the General Theory Because Keynes Put His IS-LM(LP) Model in Chapters 15 and 21 of the General Theory

Number of pages: 23 Posted: 16 Nov 2017

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 31 (907,347)

Abstract:

86.

C. D. Broad's Review of J. M. Keynes's A Treatise on Probability and the Role of William Ernest Johnson in that Book

Book Review: A Treatise on Probability, Chapter 6, (1921) by John Maynard Keynes

Number of pages: 19 Posted: 14 Jun 2016

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 79 (590,627)

Citation 2

Abstract:

87.

An Examination of the Fundamental Reasons Why Frank Ramsey Failed in His Reviews of J M Keynes's a Treatise on Probability

Number of pages: 26 Posted: 08 Mar 2017

Number of pages: 18 Posted: 05 Jun 2016 Last Revised: 07 Jul 2016

Number of pages: 21 Posted: 01 Sep 2020

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 74 (612,652)

Citation 1

Abstract:

97.

Number of pages: 28 Posted: 30 Nov 2015 Last Revised: 16 Dec 2015

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 72 (621,927)

Abstract:

101.

The 'New' Economic Thinking on Adam Smith of Vines and Morris Leads to the Same Old Errors About Adam Smith

Number of pages: 22 Posted: 13 Oct 2015 Last Revised: 22 Oct 2015

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 72 (621,927)

Citation 2

Abstract:

102.

Adam Smith as an Example of Samuelson’s 1952 Point That Mathematics Can Be Written Out in the English Language: On Smith’s Anti-Utilitarianism Based on the Differences Between Precise and Imprecise Probability Presented in 1776 in the Wealth of Nations

Number of pages: 29 Posted: 06 Jan 2021

Number of pages: 19 Posted: 19 Jan 2019

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 68 (641,100)

Citation 4

Abstract:

111.

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 66 (650,987)

Abstract:

119.

The Unbridgeable Gulf Forever Separating A. Smith and J. M. Keynes from Bentham, Classical Economists, Neoclassical Economists, And ‘Modern’ Economists (Friedman, Becker, Stigler, Lucas, Sargent, Wallace, Muth, Kydland, Prescott, etc.): The Formal and Mathematical Concepts of Uncertainty, Weight of the Evidence, and Confidence

Number of pages: 33 Posted: 15 May 2017 Last Revised: 20 May 2017

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 65 (656,020)

Citation 3

Abstract:

120.

E. B. Wilson on 'Keynes on Probability'

Number of pages: 19 Posted: 14 May 2016

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 65 (656,020)

Abstract:

121.

Raymond Pearl's Review of J M Keynes's A Treatise on Probability: Another Fiasco

Number of pages: 17 Posted: 14 Mar 2016

Number of pages: 33 Posted: 28 Dec 2016

Number of pages: 16 Posted: 17 May 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 61 (676,852)

Citation 1

Abstract:

130.

Number of pages: 20 Posted: 15 Jun 2017 Last Revised: 17 Jun 2017

Number of pages: 61 Posted: 09 Apr 2019 Last Revised: 19 Dec 2019

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 58 (693,046)

Citation 2

Abstract:

139.

Given B. De Finetti’s Conclusion that 'Probability (Objective) Does not Exist', Then Rational Expectations Does not Exist Either

Number of pages: 26 Posted: 05 Dec 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 58 (693,046)

Citation 3

Abstract:

140.

Smith's Virtue of Prudence Has Nothing to Do with Bentham's Dictum About Maximizing One's Utility (Money)

Number of pages: 23 Posted: 03 Jan 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 58 (693,046)

Abstract:

141.

On J M Keynes's Correspondence about His General Theory IS-LM Model with Harrod and Hicks on Their Interpretations of His IS-LM Model: Keynes Had No Major Objections Because IS-LM Was Created, Developed and Applied by Keynes in the General Theory in Chapter 15

Number of pages: 27 Posted: 24 May 2017 Last Revised: 28 May 2017

Number of pages: 21 Posted: 05 Dec 2017

Number of pages: 26 Posted: 29 May 2019

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 54 (715,787)

Citation 8

Abstract:

150.

Bernanke's 'The Great Moderation' (1985–2004): Was It Due to Greater, Theoretical, Mathematical Macro Knowledge and Understanding, or Was It Due to the Great Greenspan?

Number of pages: 21 Posted: 12 Jul 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 54 (715,787)

Abstract:

151.

A Rationale Supporting a Decision by Pope Francis and the Arch Bishop of Canterbury to Remove All Economic Advisors from Any Advisory Role Concerning Church Proclamations on Income Inequality, Unemployment and Social Justice: 'Economics' is Not a Positive Science, But an Ethical System Based on Benthamite Utilitarianism

Number of pages: 25 Posted: 06 Jul 2016

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163.

On R. Kahn's Attempt at Hiding Keynes's General Theory IS-LP (LM) Model from the Economics Profession: How Hicks's SI-LL (Hansen's IS-LM) Model Was Substituted for Keynes's IS-LP (LM) in the General Theory

Number of pages: 34 Posted: 30 Oct 2017

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 51 (734,115)

Citation 1

Abstract:

164.

J M Keynes, 'The State of the News (The Change in the Weight of the Evidence)' and the Weight of the Evidence: From Keynes's December, 1933 Student Lectures to Chapter 12 of the General Theory in February, 1936

Number of pages: 25 Posted: 06 Sep 2017 Last Revised: 30 Dec 2017

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 51 (734,115)

Abstract:

165.

On Weckstein's 1959, Keynesian, Weight of the Evidence – Based Demolition of G L S Shackle's Attack on the Concept of Probability

Number of pages: 32 Posted: 02 Jun 2017 Last Revised: 11 Jun 2017

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 51 (734,115)

Citation 11

Abstract:

166.

Post Keynesian Economics Is Based on Joan Robinson’s Many Canards About Supposed Gaping Holes in Keynes’s Theory: The Real Problem Is Gaping Holes and Gross Ignorance in the Post Keynesian Understanding of Keynes’s a Treatise on Probability

Number of pages: 28 Posted: 21 Jul 2020

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 50 (740,350)

Abstract:

167.

J. Muth’s 1961, Econometrica Article Conception of Probability Was Inconsistent and Incoherent: There Is No Such Thing as a Hybrid Subjective-Objective Theory of Probability

Number of pages: 19 Posted: 15 Oct 2018

Number of pages: 32 Posted: 06 Nov 2017 Last Revised: 13 Apr 2020

Number of pages: 39 Posted: 31 Oct 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 49 (746,661)

Citation 17

Abstract:

174.

Number of pages: 42 Posted: 26 Sep 2017 Last Revised: 18 Oct 2017

Scholedge International Journal of Management & Development, Vol. 3, No. 10 (2016) pp. 176-184

Number of pages: 11 Posted: 22 Aug 2016 Last Revised: 25 May 2017

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 48 (753,068)

Abstract:

183.

Comparing Orthodox (N. G. Mankiw) and Heterodox (M. Zafirovski) Economist Views of Adam Smith, the Invisible Hand of the Market, and Laissez Faire: Both Views Completely Overlook the Very Severe Detrimental Impacts on the Macro Economy Created by Smith’s Upper Income Class Prodigals, Imprudent Risk Takers, and Projectors

Number of pages: 22 Posted: 19 Mar 2020

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 47 (759,569)

Abstract:

184.

On J M Keynes's Total and Complete Rejection of the Marshallian, Partial Equilibrium Approach to Macroeconomics in the General Theory in 1936: Keynes's Critique of Pigou's Marshallian, Partial Equilibrium Approach to Macroeconomics in the Theory of Unemployment (1933) Is Contained in the Appendix to Chapter 19 of the General Theory

Number of pages: 33 Posted: 25 Jul 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 47 (759,569)

Citation 4

Abstract:

185.

J. M. Keynes's Analysis of the Vertical, Horizontal and Normal Ranges of the LM Curve (Liquidity Preference Function) on Pages 207-208 in Chapter 15 of the General Theory

Number of pages: 32 Posted: 07 Jun 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 47 (759,569)

Abstract:

186.

The Good Samaritan: A Superb Smithian Economist, But a Poor Benthamite Utilitarian Economist

Number of pages: 24 Posted: 13 Dec 2017

Number of pages: 14 Posted: 16 Feb 2019

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 45 (773,053)

Citation 2

Abstract:

191.

On the Very Severe Logical, Epistemological, Methodological and Philosophical Deficiencies in J. Muth’s Concept of Rational Expectations

Number of pages: 24 Posted: 04 Nov 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 45 (773,053)

Citation 7

Abstract:

192.

J. M. Keynes on the Neoclassical Theory of the Firm: Keynes Came to Finish the Job, Not to Destroy It, As Attempted by Joan Robinson

Number of pages: 34 Posted: 29 Mar 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 45 (773,053)

Abstract:

193.

A Comparison – Contrast of the Technical Understanding Exhibited by F.Y. Edgeworth in His Two 1922 Book Reviews of J. M. Keynes's a Treatise on Probability with that of the Keynesian Fundamentalists, Such As Runde, Skidelsky, O’Donnell, Carabelli, Feduzi and Lawson, between 1980 and 2016 – A Problem of Lost Knowledge

Number of pages: 36 Posted: 22 Mar 2017

Number of pages: 12 Posted: 02 Aug 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 44 (779,944)

Citation 1

Abstract:

198.

J M Keynes Was Very Clear in 1936 in His General Theory and His Correspondence with Joan Robinson That His Theory of the Rate of Interest Was Not a Monetary Theory of the Rate of Interest: J M Keynes Against Joan Robinson and the Pseudo Keynesians

Number of pages: 30 Posted: 28 Jul 2018

202.

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 of Fundamental, Radical, or Irreducible Uncertainty: Uncertainty Was Always Defined as a Range by Keynes so that It Always Came in Degrees

Number of pages: 45 Posted: 08 Mar 2021

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 43 (787,166)

Abstract:

203.

Number of pages: 27 Posted: 22 Jul 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 43 (787,166)

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209.

On Alan Greenspan's Successful Incorporation of the ‘Keynes–Knight’ Approach to Uncertainty and Risk into Monetary Policy

Number of pages: 14 Posted: 31 Jul 2018 Last Revised: 20 Aug 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 42 (794,217)

Citation 1

Abstract:

210.

Number of pages: 35 Posted: 17 Dec 2019

Number of pages: 22 Posted: 08 Jan 2019

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 39 (816,253)

Citation 1

Abstract:

238.

Harrod, Keynes and the Missing Equation (Liquidity Preference Equation) from the Neoclassical Theory of the Rate of Interest: '…Has to Be Determined by Some New Equation Not Provided for in the Classical System. Thus the Way is Clear for a Radical Reconstruction. Your New Equation is the Liquidity Preference Schedule…'. (Harrod, 1973, CWJMK, Vol. 13, p.556).

Number of pages: 24 Posted: 18 Aug 2018 Last Revised: 06 Sep 2021

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 39 (816,253)

Citation 4

Abstract:

239.

On Smith's Rejection of Laissez Faire '…And the Magical Working of Markets Guided by the Invisible Hand …': The 'Malign' Impact of Projectors, Prodigals and Imprudent Risk Takers on the Sober People in the Macro Economy

Number of pages: 26 Posted: 02 Jul 2018

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 39 (816,253)

Abstract:

240.

Number of pages: 24 Posted: 22 Aug 2020

Michael Emmett Brady

California State University, Dominguez Hills

Downloads 38 (823,979)

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246.

Adam Smith’s Advocacy and Support for His Theory of Imprecise Probability Means That It Was Impossible for Him To Be a Utilitarian of Any Type, Benthamite or other: Any and All Types of Utilitarianism Necessarily Require Precise Probability As Advocated by Bentham in Chapter Four of His 1787 the Principles of Morals and Legislation

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Scholarly Papers (401)

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