Keynes on Uncertainty and Tragic Happiness: Complexity and Expectations 1st Edition – Ebook Instant Download/Delivery ISBN(s): 9783030756642,3030756645,9783030756659, 3030756653

Product details:

• ISBN-10: 3030756653
• ISBN-13: 9783030756659
• Author: Anna M. Carabelli

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.

Table contents:

1. Introduction
2. Rationality as Reasonableness: Probability
3. Complexity and Incommensurability: Multidimensional, Heterogeneous and Interdependent Magnitudes. Probability and Economic Magnitudes
4. Keynes’s Methodology of Criticism: Probability and Classical Economic Theory. Logical Fallacies: The Introduction of the Tacit Assumptions of Homogeneity and Independence
5. Uncertainty as the Legacy of Greek Tragedy: Uncertainty as Tragic Choice
6. Happiness as Tragic Aristotelian Eudaimonia
7. Moral and Rational Conflicts and Dilemmas
8. International Relations: Complexity, Interdependence and Multilateralism—A Tragic Dilemma
9. Conclusions

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