A Treatise on Probability
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By John Maynard Keynes 14 Oct, 2019
A Treatise on Probability was published by John Maynard Keynes while at Cambridge University in 1921. The Treatise attacked the classical theory of probability and proposed a "logical-relationist" theory instead. In a 1922 review, Bertrand Russell, ... Read more
A Treatise on Probability was published by John Maynard Keynes while at Cambridge University in 1921. The Treatise attacked the classical theory of probability and proposed a "logical-relationist" theory instead. In a 1922 review, Bertrand Russell, the co-author of Principia Mathematica, called it "undoubtedly the most important work on probability that has appeared for a very long time," and said that the "book as a whole is one which it is impossible to praise too highly." The Treatise is fundamentally philosophical in nature despite extensive mathematical formulations. The Treatise presented an approach to probability that was more subject to variation with evidence than the highly quantified classical version. Keynes's conception of probability is that it is a strictly logical relation between evidence and hypothesis, a degree of partial implication. Keynes's Treatise is the classic account of the logical interpretation of probability (or probabilistic logic), a view of probability that has been continued by such later works as Carnap's Logical Foundations of Probability and E.T. Jaynes Probability Theory: The Logic of Science. Less
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  • 1960.682 KB
  • 484
  • Public Domain Books
  • 2008-02-01
  • English
  • 978-1602066960
John Maynard Keynes, 1st Baron Keynes, CB, FBA (5 June 1883 – 21 April 1946) was an English economist, whose ideas fundamentally changed the theory and practice of macroeconomics and the economic po...
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