John Maynard Keynes and Ludwig von Mises on Probability

Authors

  • Ludwig Van Den Hauwe

DOI:

https://doi.org/10.30800/mises.2018.v6.913

Keywords:

Probability, Mises, Keynes

Abstract

As regards the views about probability of Ludwig von Mises, it is undeniably true that these display considerable nuance and that they can be considered as being of a sui generis variety. Even if Ludwig von Mises’s views on probability exhibit a closer conceptual affinity with Keynes’s philosophy of probability than with the frequency interpretation espoused by his brother Richard von Mises, an important difference between the views of Ludwig von Mises and those of John Maynard Keynes in this respect will nevertheless be acknowledged.

Downloads

Download data is not yet available.

Metrics

Metrics Loading ...

Author Biography

Ludwig Van Den Hauwe

Ludwig Van Den Hauwe studied Laws and Philosophy before earning a Bachelor of Commerce and receiving degrees in Finance (MSc) from Vlerick Business School and Economics (PhD) from Paris Dauphine University. Being a former university researcher and having practiced international law for several years he has published on a variety of subject matters ranging from tax law to monetary theory and the methodology of the social sciences. He regularly participates as an invited speaker in international conferences on economic subject matters.

References

ADAMS, W. J. The Life and Times of the Central Limit Theorem. New York: Thaedmon Publishing, 1974.

ALBERT, David Z. Bohm’s Alternative to Quantum Mechanics. Scientific American, 1994, p. 32-39.

BAGGOTT, J. Beyond Measure —Modern Physics, Philosophy and the Meaning of Quantum Theory. Oxford University Press, 2004.

BOHR, N. Discussion with Einstein on epistemological problems in atomic physics. In: SCHILPP, P. A. (Ed.). Albert Einstein: Philosopher- scientist, 1949, p.199-241.

CARNAP, R. The Two Concepts of Probability. Philosophy and Phenomenological Research, n. 5, 1945, p.513-532.

DE MUYNCK. W. M. Foundations of Quantum Mechanics an Empiricist Approach. London: Thluwer Academic Publishers, 2002.

FINE, A. The Shaky Game—Einstein, Realism and the Quantum Theory. The University of Chicago Press, 1986.

FRAASSEN, Bas C. van. Quantum Mechanics: An Empiricist View. Oxford, 1991.

GALAVOTTI, M.C. Operationism, Probability and Quantum Mechanics. Foundations of Science, 1995, p. 99-118.

GILLIES, D. An Objective Theory of Probability. London: Methuen & Co, 1973.

GILLIES, D. Philosophical Theories of Probability. London: Routledge, 2000.

GNEDENKO, B.V. Theory of Probability. New York, 2005.

HEISENBERG W. Physics and Philosophy. London: Penguin Books, 1990.

HICKS, J. Causality in Economics. New York: Basic Books, 1979.

HOPPE, H.-H. Dissent on Keynes—A Critical Appraisal of Keynesian Economics. New York: Praeger, 1992, p. 199-223.

HOPPE, H.-H. The Limits of Numerical Probability: Frank H. Thnight and Ludwig von Mises and the Frequency Interpretation. Procesos de Mercado—Revista Europea de Economía Política, v.3, n.2, p. 11-38, 2006.

HOWSON, C. and P. Urbach. Scientific Reasoning—The Bayesian Approach. La Salle: Open Court Publishing, 2006.

HUGHES, R. I. G. The Structure and Interpretation of Quantum Mechanics. London: Harvard University Press, 1992.

JAYNES, E. T. Probability Theory—The Logic of Science. Cambridge: Cambridge University Press, 2003.

KEYNES, J. M. A Treatise on Probability. New York: Dover Publications, 2004.

KHRENNIKOV, A. Interpretations of Probability. Utrecht, 1999.

LAD, F. The construction of probability theory. Science and Society, v. 47, p.285-99, 1983.

MISES, L. Von. The Ultimate Foundation of Economic Science. Thansas: Sheed Andrews and McMeel, 1978.

MISES, Ludwig Von. Ação Humana. São Paulo: Instituto Ludwig von Mises Brasil, 2010.

MISES, Ludwig Von. Teoria e História. São Paulo: Instituto Ludwig von Mises, 2014.

MISES, R. Von. Mathematical Theory of Probability and Statistics. New York: Academic Press, 1964.

MISES, R. Von. Positivism—A Study in Human Understanding. New York: Dover Publications, 1951.

MISES, R. Von. Probability, Statistics and Truth. New York: Dover Publications, 1981.

POPPER, Th. R. Quantum Theory and the Schism in Physics. London: Hutchinson, 1982.

POPPER, Th. R. Realism and the Aim of Science, London: Hutchinson. Ramsey, F. P. (1988). In: GÄRDENFORS, P; SAHLIN, N. E. Truth and Probability (eds.). Decision, probability, and utility: Selected readings, Cambridge: Cambridge University Press, p. 19-47. Reimpresso de R. B. Braithwaite (ed.). The Foundations of Mathematics, London: Routledge and Thegan Paul, 1931, p. 156-198, 1983.

ROTHBARD, M. N. Making Economic Sense. Auburn: Ludwig von Mises Institute, 1995.

ROTHBARD, M. N. Man, Economy, and State - The Scholar’s Edition. Auburn: Ludwig von Mises Institute, 2004.

ROTHBARD, M. N. The Logic of Action I: Method, Money, and the Austrian School. Cheltenham: Edward Elgar, 1997.

RUNDE, J. Theynes After Ramsey—In Defence of A Treatise on Probability. Studies in History and Philosophy of Science, v.25, n.1, p. 97-121, 1994.

STEELE, D.R. Review of Justin Raimondo— An Enemy of the State: The Life of Murray N. Rothbard. Prometheus Books, local, 2000.

Published

2018-08-29

How to Cite

1.
Van Den Hauwe L. John Maynard Keynes and Ludwig von Mises on Probability. MisesJournal [Internet]. 2018 Aug. 29 [cited 2024 Nov. 21];6(2). Available from: https://revistamises.org.br/misesjournal/article/view/913