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Why is it that Ramsey's two extremely poor reviews of Keynes's A Treatise on Probability have such great influence among philosophers,economists,psych... decision theorists?


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Initial post: Apr 13, 2006 9:15:11 PM PDT
Last edited by the author on Apr 15, 2006 3:56:01 PM PDT
Ramsey reviewed Keynes's A Treatise on Probability(TP) twice,once in 1922 and again in 1926.In general,Ramsey's reviews cover only two of the 33 chapters that make up the TP,chapters 3 and 4.How can it be rationally argued that Ramsey "reviewed" Keynes's approach to probability when the review consists of very inaccurate comments on two chapters? Bertrand Russell was certainly correct when he concluded that Ramsey's papers on probability had the least value of any of his contributions.Ramsey's hilarious claims that Keynes had invented a theory of probability that did not use any numbers to measure or estimate the probability relation has to be one of the greatest intellectual blunders in the history of science.Keynes clearly defined "nonnumerical probabilities" to be probabilities that are"...BETWEEN(Keynes's emphasis)numerical limits"(Keynes,1921,TP,p.160).Ramsey ,of course,never got beyond chapter 4 of Keynes's book.Neither did the authors of this book.
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Discussion in:  Bayesian Theory forum
Participants:  1
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Initial post:  Apr 13, 2006
Latest post:  Apr 13, 2006

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Bayesian Theory (Wiley Series in Probability and Statistics)
Bayesian Theory (Wiley Series in Probability and Statistics) by J. M. Bernardo (Hardcover - April 6, 2007)
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