F. P. Ramsey: Critical Reassessments (Continuum Studies In British Philosophy) [Hardcover]

Maria Frapolli (Author)

Book Description

Publication Date: March 1, 2005 | ISBN-10: 0826476007 | ISBN-13: 978-0826476005 | Edition: First Edition

Frank Plumpton Ramsey (1903--1930), Cambridge mathematician and philosopher, was one of the most brilliant people of his generation. He lived in an extraordinarily stimulating milieu, surrounded by figures such as Russell, Whitehead, Keynes, Moore, and Wittgenstein. Ramsey's highly original papers on the foundations of mathematics, probability, economics, philosophy of science and the theory of knowledge were very influential in the 20th century and are still widely discussed in the 21st. This collection of eleven new papers, specially written to commemorate his centenary, answers a crying need for more secondary literature on Frank Ramsey. Nearly all the aspects of Ramsey's work are examined: his logic, philosophy of mind, philosophy of science, metaphysics, epistemology, pragmatism, economics, and the mutual influences between Ramsey and Wittgenstein. The book will be eagerly welcomed by those working in many branches of analytic philosophy, and beyond.

Editorial Reviews

Review

"'There is little doubt in my mind that Frank Ramsey was the most gifted philosopher of the twentieth century. His ideas are therefore highly important to understand and to develop further. F.P. Ramsey: Critical Reassessments is a welcome contribution to this enterprise and hence deserves to be read and studied' Professor Jaakko Hintikka, Boston University."

About the Author

Maria J. Frapolli is Reader in Philosophy at the University of Granada. She recently co-edited Meaning, Basic Self-Knowledge and Mind: Essays on Tyler Burge (CSLI Publications, 2003).

Product Details

• Hardcover: 256 pages
• Publisher: Continuum; First Edition edition (March 1, 2005)
• Language: English
• ISBN-10: 0826476007
• ISBN-13: 978-0826476005
• Product Dimensions: 9.2 x 6.1 x 1 inches
• Shipping Weight: 1.2 pounds (View shipping rates and policies)
• Average Customer Review: 3.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #1,522,189 in Books (See Top 100 in Books)

Customer Reviews

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1 of 1 people found the following review helpful:

3.0 out of 5 stars Ramsey's small ideas on the logic of probability, April 11, 2006

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Michael Emmett Brady "mandmbrady" (Bellflower, California ,United States) - See all my reviews
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This review is from: F. P. Ramsey: Critical Reassessments (Continuum Studies In British Philosophy) (Hardcover)

This set of essays on Ramsey's contributions to philosophy,economics,probability,etc.,could have earned a five star rating.The reason it has not is that none of the authors is willing to deal with the fact that Ramsey's ideas on mathematical probability are a very special case of Keynes's general theory of logical probability which applies not only to point estimates(Ramsey's theory)but to interval estimates and ordinal rankings as well.Ramsey is primarily concerned with degrees of belief(not degrees of rational belief which is the major concern of Keynes's ) where he believed that "...there was an authentically logical interpretation of the (PURELY MATHEMATICAL)laws of probability...[as]consistency constraints on the distribution of partial belief".(Howson,p.145).A major confusion of Ramsey's concerned Keynes's conditional probabilities.Only in the special case of the weight of the evidence,w,equaled one(w=1,where w is an index that measures the completeness of the relevant information,data,knowledge,etc., upon which the probability estimates are being based) would Ramsey's conditional probabilities(say P(A/B)=C) be identical to Keynes's conditional probabilities(say p(a/b)=c).Otherwise,different conditional probability estimates will result.Ramsey's subjectivist approach is thus a special case of Keynes's more general logical approach.The reader should note that Tversky and Kahneman made the exact same mistake as Ramsey did for about 20 years in their continuing series of exchanges with L Jonathan Cohen in the journal Brain and Behavioral Sciences over the rationality of decision makers in experimental setups between 1975 and 1994.Tversky's support theory was a belated attempt by Tversky to fix up the giant hole in his theory in an ad hoc manner since support theory has not been integrated into cumulative prospect theory.Keynes would ,of course, agree that ,in those special cases where the purely mathematical laws of probability were applicable(w=1), agreement with these laws is a coherence and consistency requirement that the rational and reasonable decision maker would want to accept ,provided that his probability preferences were linear.The problem ,then, is that Ramsey's theory is so narrow(only linear preferences and probabilities with weights of 1 can be used) that it is practically inapplicable to problems in everyday decision making,social science,liberal arts,business,economics,etc.Its applicability is resticted to areas in the life and physical sciences where the weight of evidence is equal to one or approaches one in the limit.

The second major flaw in Ramsey's approach is the requirement that ALL probabilities MUST be precise single number estimates.This directly contradicts Keynes's approach where the probabilities are primarily interval estimates based on Keynes's path breaking work in chapters 15 and 17 of the TP.All of Part III is based on Keynes's analysis IN Part II of the TP.Ramsey never read Part II or Part III of the TP.Ramsey reviewed chapters 2 and 3 of Keynes's book.Ramsey had no idea at all about the fundamental interval estimate foundations of Keynes's approach.The only conclusion that is possible is that Ramsey's two book reviews of Keynes's TP,in 1922 and 1926,are completely worthless in so far as they purport to deal with Keynes's logical theory of probability.These two reviews have continually misled literally thousands of economists,philosophers,statisticians,psychologists,and logicians over the last 80-85 years.