Neues Working Paper: "John Maynard Keynes and Ludwig von Mises on Probability"
Mises.org präsentiert "John Maynard Keynes and Ludwig von Mises" von Ludwig von den Hauwe
Zum kostenlosen Download steht auf der Internetseite des Ludwig on Mises-Instituts ein neues Working Paper von Ludwig von den Hauwe von der Université Paris-Dauphine zur Verfügung.
Das Paper kann unter www.mises.org/journals/scholar/vandenhauwe.pdf heruntergeladen werden.
Im Abstract des Essays heißt es:
The economic paradigms of Ludwig von Mises on the
one hand and of John Maynard Keynes on the other have
been correctly recognized as antithetical at the
theoretical level, and as antagonistic with respect to
their practical and public policy implications.
Characteristically they have also been vindicated by
opposing sides of the political spectrum. Nevertheless
the respective views of these authors with respect to the
meaning and interpretation of probability exhibit a
closer conceptual affinity than has been acknowledged in
the literature. In particular it is argued that in some
relevant respects Ludwig von Mises´ interpretation of the
concept of probability exhibits a closer affinity with
the interpretation of probability developed by his
opponent John Maynard Keynes than with the views on
probability espoused by his brother Richard von Mises.
Nevertheless there also exist significant differences
between the views of Ludwig von Mises and those of John
Maynard Keynes with respect to probability. One of these
is highlighted more particularly: where John Maynard
Keynes advocated a monist view of probability, Ludwig von
Mises embraced a dualist view of probability, according
to which the concept of probability has two different
meanings each of which is valid in a particular area or
context. It is concluded that both John Maynard Keynes
and Ludwig von Mises presented highly nuanced views with
respect to the meaning and interpretation of probability.